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.
|Make $30 an hour, no bachelor's degree required|
|McDonald's gives Charles Ramsey free food for a year|
|The 'chicken poop' credit and other bad tax breaks|
|Why Waze is a hot takeover target|
|Where your donation dollars go|
|Overnight Avg Rate||Latest||Change||Last Week|
|30 yr fixed||3.75%||3.66%|
|15 yr fixed||2.89%||2.79%|
|30 yr refi||3.74%||3.64%|
|15 yr refi||2.89%||2.79%|
Today's featured rates:
|Latest Report||Next Update|
|Home prices||May 28|
|Consumer confidence||May 28|
|Manufacturing (ISM)||June 3|
|Inflation (CPI)||June 18|