U.S. initial jobless claims reached 380 000

Thursday, 12 April 2012 05:10

Department of Labor informed today that number of people who applied for unemployment benefit increased by 13 000 in the week ending April 7th.

Number totalled at 380 000 which is more than 355 000 forecasted.

Previous month data was revised to 367 000 from 357 000 reported at first.

Four week average claims show more accurate data and reached this week 368 500 up from 364 250 prior month.