Daily News

View All News

Jobless four-week average rises 4.6%

August 14 2008

In the week ended Aug. 9, the advance figure for seasonally adjusted initial unemployment claims was 450,000, the U.S. Department of Labor reported. The four-week moving average was 440,500, an increase of 19,500, or 4.6%, from the previous week's revised average of 421,000.

The Department of Labor recently began a program to locate those eligible for jobless benefits, and it is unknown how much that program is impacting numbers of jobless claims, according to press reports.


Add New Comment

Post comment

NOTE: Links will not be clickable.
Security text:*