US jobless claims rise by 4,000

 





WASHINGTON: US jobless claims increased by 4,000 last week, according to government data released on Thursday.

Seasonally adjusted initial claims for unemployment insurance in the week ending January 5 rose to 371,000 from the previous week's revised figure of 367,000.

The current number of jobless claims is above the 364,000 estimated by analysts.

Claims, a sign of the pace of layoffs, trended in the 370,000 range for most of 2012.

The four-week moving average was 365,750, an increase of 6,750 from the previous week's revised average of 359,000.

- AFP/xq




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