Initial Unemployment Claims 361,000 While Over 2 Million to Lose Benefits for Week of December 15th, 2012

The DOL reported Initial weekly unemployment claims for the week ending on December 15th, 2012 were 361,000, a 17,000 increase from the previous week of 344,000. Superstorm Sandy's devastating effects should be normalizing out by now, so this is a troubling increase in initial unemployment filings.