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U.S. Jobless Claims Rise to 380,000, Higher Than Forecast

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U.S. Jobless Claims Rise to 380,000, Higher Than Forecast
By Timothy R. Homan and Alex Kowalski - Apr 12, 2012 8:37 AM ET

More Americans than forecast filed claims for jobless benefits last week, a sign the pace of improvement in the labor market is slowing.

Jobless claims increased 13,000 in the week ended April 7 to 380,000, the highest since Jan. 28, the Labor Department reported today in Washington. The median forecast in a Bloomberg News survey called for 355,000 claims. The number of people on unemployment benefit rolls and those receiving extended payments declined.

more@Bloomberg.com




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