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U.S. jobless-aid applications surge to 368,000

By The Associated Press

This article was published December 12, 2013 at 8:50 a.m.

WASHINGTON — The number of people seeking U.S. unemployment benefits rose 68,000 last week to a seasonally adjusted 368,000, the largest increase in more than a year.

The surge in first-time applications could be a troubling sign if it lasts. But it likely reflects the difficulty adjusting for delays after the Thanksgiving holiday.

The Labor Department said Thursday that the less volatile four-week average rose 6,000 to 328,750. That is close to pre-recession levels and generally a positive sign for job gains.

Read tomorrow's Arkansas Democrat-Gazette for full details.

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