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HILL BRIEFS

Initial Jobless Claims Rise

Thursday, Oct. 14, 2010


Initial jobless claims rose last week by 13,000 to 462,000 in yet another indication of job market woes.

The increase in the weekly figure--released by the Labor Department this morning--followed a similarly large decrease the week before. Some viewed that drop, which was the first time weekly initial claims had fallen below 450,000 since July, as a possible sign that the labor market was on the mend.

Today's data countered that hope. Forecasters surveyed by Bloomberg had predicted that the claims number would hold steady The high end of the range given by the news service was 455,000--7,000 below the actual figure.

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10/14/2010 PM Contents

  • Report: TARP Contracting Has 'Significant' Transparency Issues
  • Housing Regulators Push to Resolve Foreclosure Mess

  • FINANCE

    • Federal Government Plays Little Role

    ENERGY

    • Oil Spill Panel Divided Over Scope of Report
    • Prop. 23 Makes LCV's 2010 Dirty Dozen List

    POLITICS

    • Kaine Doubles Down, Compares Spending To Watergate

    • Trade Deficit With China Sets Record

    NATIONAL SECURITY

    • Negotiations With Taliban Near Reality

    HOMELAND SECURITY

    • Clinton Does Not Deny Reports of Taliban Passage

    HILL BRIEFS

    • Initial Jobless Claims Rise

    • The Final Word

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