Thursday, October 4, 2012

Jobless claims rise again for week ending Sept. 29, 2012, previous week claims revised upward by 4000, est. Sept. jobless number to be 8.2-Reuters

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10/4/12, "Weekly Jobless Claims Edge Higher; Progress Still Slight," Reuters via CNBC

"The number of Americans filing new claims for unemployment benefits rose less than expected last week, according government data on Thursday that suggested a mild improvement in the labor market. 

Initial claims for state unemployment benefits climbed 4,000 to a seasonally adjusted 367,000, the Labor Department said.

The prior week's figure was revised up to show 4,000 more applications than previously reported.

The four-week moving average for new claims, a better measure of labor market trends, was unchanged at 375,000. A Labor Department official said there were no special factors influencing the report and no states had been estimated....

A Labor Department official said there were no special factors influencing the report and no states had been estimated....

Employers are expected to have added 113,000 jobs to their payrolls in September, an increase from 96,000 in August, with the unemployment rate edging up by a tenth of a percentage point to 8.2 percent, according to a Reuters survey of economists.  "...

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