Initial Jobless Claims Rise from Five-Year Low
Washington, DC, Jan. 31, 2013 -- Initial claims for unemployment benefits rose last week, according to the Labor Department.
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The number of applications rose 38,000 from the previous week's five-year low to a seasonally adjusted 368,000.
The four-week moving average showed only a small increase of 250 to 352,000 from a five-year low hit last week.