Jobless Applications Rise Slightly

WASHINGTON (January 10, 2013)--Applications for U.S. unemployment benefits ticked up slightly last week, the latest sign of stability in the job market, the U.S. Labor Department said Thursday.

The Labor Department said applications rose 4,000 to a seasonally adjusted 371,000, the most in five weeks.

The four-week average, a less volatile measure, increased 6,750 to 365,750, after falling to a four-year low the previous week.

A department spokesman said all states reported data.

In the previous two weeks, many states were estimated because they weren't able to report data over the holidays.

Weekly applications, which are a proxy for layoffs, have fluctuated for most of the past 12 months between 360,000 and 390,000.

At the same time, employers added an average of 153,000 jobs a month in 2012, the same as in 2011.

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