February 4, 2010
First Time Jobless Claims Inch Up
By Matthew L. Brown
In the week ending Jan. 30, 480,000 Americans filed claims for unemployment insurance coverage for the first time, according to the U.S. Department of Labor.
That's an increase of 8,000 from the previous week's revised figure of 472,000. The 4-week moving average was 468,750, an increase of 11,750 from the previous week.
The insured unemployment rate was 3.5 percent for the week ending Jan. 23, unchanged from the prior week.
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