Reply #22: U.S. weekly initial jobless claims rise 4,000 to 308,000

[UpInArms]

http://www.marketwatch.com/News/Story/Story.aspx?dist=newsfinder&siteid=mktw&guid=%7BD5CCA892%2D11D0%2D4EDD%2D964D%2D6EC07943BD4E%7D&symbol=

WASHINGTON (MarketWatch) -- The number of newly laid off workers filing claims for unemployment benefits rose slightly in the latest week after falling for two consecutive weeks. The Labor Department said 308,000 people filed unemployment claims the week ending Oct. 7. Continuing unemployment claims rose by 5,000 to 2.44 million, their highest level since Sept. 9. Initial claims came in below economists' estimates of 312,000. Initial claims for the week ending Sept. 30 were revised to 304,000 from 302,000.