Fri, 27 Jan 2012 08:20:32 GMT
Initial jobless claims in the US rose more than expected
In the US, the number of initial jobless claims increased more than expected last week after hitting almost four-year low a week before, reported the US Labor Department. The number of people applying for jobless benefits added 21,000 to 377,000 as compared to prior week reading of 352,000. Experts predicted the number of jobless claims to increase by 14,000 to