Jan. 31, 2013, 10:18 a.m. EST
Initial jobless claims jump 38,000 to 368,000
Number of people applying for benefits back to late 2012 levels
new
By Jeffry Bartash, MarketWatch
WASHINGTON (MarketWatch) — The number of people who applied for new
unemployment benefits last week bounced sharply higher, erasing a big
drop earlier in the month that put U.S. claims at a five-year low but
likely stemmed from seasonal quirks.
Obama's Jobs Council Shutting Down Thursday
January 31, 2013 RSS Feed Print
A woman participates in a "Pink Slip" protest in Union Square on March 6, 2012 in New York City.
WASHINGTON (AP) — President Barack Obama will let his jobs council expire this week without renewing its charter, winding down one source of input from the business community even as unemployment remains stubbornly high.
Despite court ruling, EPA raises biofuel estimate
Days
after a federal appeals court said the Obama administration is setting
overly optimistic production quotas for the struggling biofuels
industry, the government issued new standards Thursday that raise
production estimates for 2013.
Biden says curbs on guns won't stop massacres
Vice
President Joe Biden says curbs on guns can reduce firearm deaths but
won't ensure an end to mass killings like December's slaying of 20
first-graders in Newtown, Conn.
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