US jobless claims higher than expected
Reuters, Washington
The number of US workers filing new claims for jobless benefits grew by a larger-than-expected 30,000 last week, government data showed on Wednesday, taking claims to their highest point since mid-October.Initial claims for state unemployment aid rose to a seasonally adjusted 335,000 from a revised 305,000 the previous week, the Labor Department said, compared with Wall Street forecasts for 315,000 new claims. The previous week had initially been reported at 303,000. There were about 10,000 new, non-seasonally adjusted, claims last week related to hurricanes Katrina and Rita, a Labor Department analyst said, bringing the total number of claims linked to the Gulf Coast storms to 555,000.
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