WASHINGTON – Initial claims for unemployment benefits rose for the second time in three weeks last week. The potential rise in layoffs comes as Congress remains stuck at an impasse over extending federal jobless aid.
The Labor Department said Thursday that new claims for jobless benefits jumped by 13,000 to a seasonally adjusted 472,000. The four-week average, which smooths fluctuations, rose by 3,250 to 466,500, its highest level since March.
Claims have remained stuck above 450,000 since the beginning of the year.
Answer by QuinnMae at 10:21 AM on Jul. 1, 2010
Answer by figaro8895 at 10:20 AM on Jul. 1, 2010
Answer by wildflowers25 at 10:28 AM on Jul. 1, 2010
Answer by mustbeGRACE at 12:40 PM on Jul. 1, 2010
Answer by jamesonjustines at 11:31 AM on Jul. 1, 2010
Answer by lovinangels at 11:49 AM on Jul. 1, 2010
Answer by 29again at 2:08 PM on Jul. 1, 2010
Answer by NotPanicking at 2:28 PM on Jul. 1, 2010
Won't end till we get a new president in office that knows what the hell he is doing.
Answer by Natesmom507 at 3:38 PM on Jul. 1, 2010