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Initial Jobless Claims Higher Than Expected

In another setback on the employment front, initial jobless claims jumped a larger than anticipated 20,000 to 457,000, the Labor Department announced Thursday. Economists surveyed by Bloomberg had predicted initial jobless claims would total 443,000.

Jobless Claims Fall as Recovery Sputters Along

U.S. initial jobless claims fell by 23,000 to 452,000 last week, but the decline was offset somewhat by the fact that the prior week%u2019s claims total was revised upward by 13,000. The numbers were a little better than expected, but still not enough to indicate a recovery gaining momentum.

Initial Jobless Claims Unexpectedly Rise 13,000 to 462,000

Just call this week%u2019s labor report a wash: Initial jobless claims unexpectedly jumped 13,000 to 462,000, but continuing claims plunged another 112,000, and the trend in state-level claims continues to provide evidence that the period of layoffs is subsiding.

Initial Jobless Claims Make a Surprise Jump

Initial jobless claims unexpectedly surged by 19,000 to 479,000, the Labor Department said Thursday, but the statistic was likely skewed higher by the normal, seasonal industrial shutdowns that happen every year in late summer.