More Americans than projected filed first-time claims for unemployment insurance last week, a sign the improvement in the labor market will take time to develop.
Applications for jobless benefits increased by 25,000 to 410,000 in the week ended Feb. 12, exceeding the 400,000 median forecast of economists surveyed by Bloomberg News, Labor Department figures showed today. The total number of people receiving unemployment insurance was little changed, while those collecting extended payments decrease.
U.S. Initial Jobless Claims Rose 25,000 to 410,000 Last Week - Bloomberg
Let's see, back above 400K....Hmmmmm...Will there be a headline like the other thread how Jobless percentage rises back over 9%? Or are other stories like Egypt still more important than the failures of Obama to get this economy turned around.