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Weekly unemployment claims jump to 379,000

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In the week ending December 14, the advance figure for seasonally adjusted initial claims was 379,000, an increase of 10,000 from the previous week's figure of 369,000, according to the U.S. Department of Labor. The 4-week moving average was 343,500, an increase of 13,250 from the previous week's revised average of 330,250.

That number, 379,000, is back to where it was eight months ago, which is a little worrisome.

“In the week ending December 14, the advance figure for seasonally adjusted initial claims was 379,000, an increase of 10,000 from the previous week’s figure of 369,000. The 4-week moving average was 343,500, an increase of 13,250 from the previous week’s revised average of 330,250,” the Labor report said.

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