Posted: Sep 3, 2009 6:47 AM by Martin Crutsinger
New jobless claims fell slightly last week while the number of people receiving unemployment benefits rose, a sign the job market's recovery will be long and bumpy.
The Labor Department says the number of laid-off workers applying for benefits dipped to 570,000 last week, a weaker performance than the drop to 560,000 that economists expected.
The number of people receiving jobless benefits totaled 6.23 million for the week ending Aug. 22, up 92,000 from the previous week, which had been the lowest level since early April. Economists surveyed by Thomson Reuters had expected that number to fall to 6.13 million.