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The closely watched four-week average of initial jobless benefits requests rose to its highest mark in 11 months, the Labor Department reported Thursday.The four-week average stood at 424,750, a gain of 3,500. For just the week ended April 12, jobless claims rose 30,000 to 442,000, erasing nearly all of the decline from the previous week.A Labor official said auto industr
stanley cup y layoffs contributed to the latest results. The number of Americans who remained on benefits rolls for the week ending April 5 rose 76,000 to 3.574 million. The seasonally adjusted four-week average of continuous claims rose 9,750 to 3.525 million, the highest since the week ended Nov. 23. For nine straight weeks, claims have been above th
stanley website e 400,000 mark, a level associated with a stagnant job market. Thursday s figures were weaker than economists were expecting.Businesses have been struggling with
vaso stanley lackluster profits and uneven demand from customers. Against that backdrop, companies have been reluctant to increase capital spending and go on a hiring spree, major forces restraining the economy s recovery. Economists believe the nation s unemployment rate mdash; now at 5.8 percent mdash; is likely to rise in the months ahead.Federal Reserve Chairman Alan Greenspan and his colleagues are hopeful that once the war in Iraq is over, the economy will return to good health.But even if the economy starts improving a bit later this year, the jobless rate probably will creep up because job growth won t be stron Bqwb Drunkest Driver Ever S.D. Woman Close
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