Unemployment filings at more than 2-month high

@CNNMoney September 15, 2011: 10:11 AM ET
About 428,000 Americans filed for their first week of unemployment benefits last week.

About 428,000 Americans filed for their first week of unemployment benefits last week.

NEW YORK (CNNMoney) -- First-time unemployment claims rose again last week, reflecting a job market that is still struggling to get on a consistent road to recovery.

About 428,000 Americans filed for their first week of unemployment benefits last week, up from a revised 417,000, the Labor Department said Thursday. It marked the highest level of new claims since late June.

Since April, initial claims have chopped around 400,000, a level economists often say indicates hiring is still too weak to bring down the unemployment rate, which is currently at 9.1%.

Economists surveyed by Briefing.com were expecting initial claims to fall to 410,000 in the latest week.

Check the unemployment rate in your state

Continuing claims -- which include people filing for the second week of benefits or more -- fell 12,000 to 3.7 million in the week ended Sept. 3, the most recent data available.

Last week, President Obama renewed his push for Congress to once again extend federal unemployment benefits, which are currently set to expire at the beginning of 2012.

Unemployment benefits kept 3.2 million Americans out of poverty in 2010, according to a census report issued earlier this week. To top of page

Overnight Avg Rate Latest Change Last Week
30 yr fixed4.32%4.26%
15 yr fixed3.36%3.27%
5/1 ARM3.37%3.27%
30 yr refi4.31%4.24%
15 yr refi3.34%3.25%
Rate data provided
by Bankrate.com
View rates in your area
Find personalized rates:
Economic Calendar
Latest ReportNext Update
Home pricesAug 28
Consumer confidenceAug 28
GDPAug 29
Manufacturing (ISM)Sept 4
JobsSept 7
Inflation (CPI)Sept 14
Retail sales Sept 14
CNNMoney Sponsors
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.