First-time claims for unemployment benefits rose by 38,000 last week to 368,000, from 330,000 the previous week.
Claims have been volatile all month, falling by a whopping 40,000 one week and then two weeks later, rising again dramatically.
Economists often prefer to smooth out the volatility by looking at a four week moving average, which was 352,000 last week, a slight increase from the week before.
Meanwhile, continuing claims, a closely watched measure of those who remain on unemployment benefits for a second week or more, totaled about 3.2 million in the week ended Jan. 19, the most recent data available, a 22,000 drop from the week before.
|GM's $1.3 billion recall cost wipes out profit|
|Regulators pave way for Internet "fast lane" with net neutrality rules|
|Coffee prices skyrocket after Brazil drought - The Buzz|
|Female gun instructors in hot demand|
|What stumps Warren Buffett? Minimum wage|
|Overnight Avg Rate||Latest||Change||Last Week|
|30 yr fixed||4.28%||4.41%|
|15 yr fixed||3.30%||3.33%|
|30 yr refi||4.31%||4.39%|
|15 yr refi||3.35%||3.31%|
Today's featured rates: