WASHINGTON (MarketWatch)
The number of Americans who filed requests for
jobless benefits climbed by 10,000 last week to 383,000, the highest level in
five weeks, the U.S. Labor Department said Thursday
Claims from two weeks ago
were revised up to 373,000 from 370,000
Economists surveyed by MarketWatch had
projected claims would fall to a seasonally adjusted 370,000 in the week ended
May 26
The average of new claims over the past four weeks, meanwhile, rose by
3,750 to 374,500. Continuing claims decreased by 36,000 to a seasonally adjusted
3.24 million in the week ended May 19, the Labor Department said
Continuing
claims are reported with a one-week lag
About 6.14 million people received some
kind of state or federal benefit in the week ended May 12, down 30,753 from the
prior week
Total claims are reported with a two-week lag.
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Billie, with academic training in Fundamental Mathematics and professional experience in Large Multinationals in the Information Technology sector, having held positions in high-level management positions, maintains that it is time to reduce Unproductive Public Expenditure and help the Private Sector in everything that is possible.
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