First-Time Jobless Claims Rise By 6,000
WASHINGTON, Dec. 1 (UPI) — First-time jobless benefit claims rose by 6,000 in the week ended Saturday with 402,000 claims filed, the U.S. Labor Department said.
It was first weekly rise after seven consecutive weeks of declines. The four-week rolling average for first-time claims filed as of Saturday was 395,750, up 500 from the previous revised average, the department said.
The Labor Department said October’s unemployment rate was 9 percent, down from 9.1 percent in September.
For the week ending Nov. 19, California posted the largest increase in first-time claims with 19,220 additional claims filed. Michigan posted the largest decrease in first-time claims with 1,881 fewer claims filed.
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