Weekly Jobless Claims Post Rebound; Jobs Market Still in Doldrums
Published: Thursday, 19 Jul 2012 | 8:36 AM ET
By: Reuters
The number of Americans filing new claims for unemployment benefits rebounded last week, pushing them back to levels consistent with modest job growth after a seasonal quirk caused a sharp drop the prior period.
Initial claims for state unemployment benefits increased 34,000 to a seasonally adjusted 386,000, the Labor Department said on Thursday. The prior week’s figure was revised up to 352,000 from the previously reported 350,000.
https://www.cnbc.com/id/48239619