Thumbs Down (again!): DOL Reports Unemployment Claims Rose Again Last Week

They weren't kidding when they called this a jobless recovery.

In the week ending August 18, the advance figure for seasonally adjusted initial claims was 372,000, an increase of 4,000 from the previous week's revised figure of 368,000. The 4-week moving average was 368,000, an increase of 3,750 from the previous week's revised average of 364,250.

Read the full news release.