Initial jobless claims unexpectedly rise - Yahoo! Finance

Initial jobless claims unexpectedly rise - Yahoo! Finance:

WASHINGTON (AP) -- The number of newly-laid off workers seeking jobless benefits unexpectedly rose last week, as the economy recovers at a slow and uneven pace.

Layoffs have slowed and the economy began to grow in last year's third quarter, but companies are reluctant to hire new workers. The unemployment rate is 10 percent and many economists expect it to increase in the coming months."