If the recession is over, why are jobless claims up?

Initial filings for unemployment insurance ticked up in the latest week, but continued to hover in the same range they have been since November, the government reported Thursday. The number of first-time filers for unemployment benefits rose to 465,000 in the week ended Sept. 18, the Labor Department reported Thursday. The number was higher than economists' forecasts of 450,000 for the week, according to consensus estimates by Briefing.com. It also marked an increase from the upwardly revised 453,000 initial claims filed in the previous week, which was shortened by Labor Day.