Unemployment goes up again

Staffing Industry Analysts reports:

U.S. initial claims for unemployment insurance rose by 37,000, or 8.7%, to 464,000 in the week ended July 17, according to seasonally adjusted numbers released today by the U.S. Department of Labor.

Jobless claims for the previous week, ended July 10, were revised down by 2,000 to 427,000.

The four-week moving average of claims for the week ended July 17 rose by 1,250, or 0.3%, from the previous week's revised average of 454,750.

USA Staffing Services:

So the moving average is up a sliver. Fair enough! :)

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