Friday, April 29, 2011

Jump in jobless claims last week

A man looks over employment opportunities at a jobs center in San Francisco, California, in this February 4, 2010 file photo. REUTERS/Robert Galbraith/Files

A man looks at employment in jobs in San Francisco, California, in the image file 4 February 2010.

Credit: Reuters/Robert Galbraith/files

Washington | Thursday, April 28, 2011 8: 46 am EDT

Washington (Reuters)-new us unemployment benefits rose last week, surprising at the highest level since January in a reference to an expected recovery in labour markets may take time, the Government report showed Thursday.

Initial claims for State unemployment benefits jumped to 25,000 429000 seasonally, from a revised slightly modified 404000 increase the previous week, the Labor Department reported. They expected by economists surveyed by Reuters claims to infiltrate local 392,000 of previously reported.

Claims for unemployment below 400,000 people linked to the fixed function growth.

The four-week moving average, jumped better underlying trends, to 408500 from 399250 the previous week. The highest average four weeks since February.

Number of persons still receiving benefits under regular State programs after the first week of 68000 fell more than expected in the week ending April 16 to 3.64 million, the lowest level since September, 2008. Analysts decline continuing to 3.68 million claims.

(Reporting by Mark felsenthal, editing by nomiama Keizo)


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