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  • Jobless Claims Rise, But Economists Eye Seasonal Issues

    04/24/2014 6:48:30 AM PDT · by SeekAndFind · 19 replies
    Fox Business News ^ | 04/24/2014
    The number of Americans filing new claims for unemployment benefits increased more than expected last week, but the rise probably does not suggest a shift in labor market conditions as the underlying trend continued to point to strength. Initial claims for state unemployment benefits rose 24,000 to a seasonally adjusted 329,000 for the week ended April 19, the Labor Department said on Thursday. Claims for the week ended April 12 were revised to show 1,000 more applications received than previously reported. Economists polled by Reuters had forecast first-time applications for jobless benefits rising to 310,000. The increase probably reflects difficulties...