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Jobless Claims Rise

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unemployment 385 Jobless Claims Rise

There was an unexpected rise in filings for first-time jobless claims last week. 

The latest numbers from the Labor Department show 457-thousand initial claims were filed.  That’s 20-thousand more claims than the previous week.  Analysts were expecting a smaller jump of about nine-thousand claims.  The number of claims filed in the week ending October 23rd, including continuing claims, was more than four-point-three-million.  The monthly unemployment report for October is due to be released tomorrow.

KXNT Morning News spoke to Steve Greenberg, CEO of Jobs4.0.com to learn more.

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