Unemployment Benefits Applications Hit Four Month High

Thanks to delays by California that helped bring down last week's number

Reason Staff | 10.18.2012 9:24 AM

Weekly applications for U.S. unemployment benefits jumped 46,000 last week to a seasonally adjusted 388,000, the highest in four months. The increase represents a rebound from the previous week's sharp drop. Both swings were largely due to technical factors.

Reason Staff