facebook
twitter
search
search

First-time jobless claims up by 24,000

Jan. 12, 2012 at 11:40 AM

WASHINGTON, Jan. 12 (UPI) -- Initial unemployment claims rose by 24,000 to a seasonally adjusted 399,000 for the week ending Jan. 7, the U.S. Labor Department said Thursday.

The previous week's revised figure was 375,000, the department said in a release.

At 381,750, the four-week moving average held to less than 400,000 for the ninth consecutive week.

The U.S. unemployment rate was 8.5 percent in December, down from November's 8.6 percent on a gain of 200,000 jobs.

The advance number of actual unadjusted first-time joblessness claims under state programs was 642,381 in the week, an increase of 102,314 from the previous week, Labor Department officials said.

Like Us on Facebook for more stories from UPI.com  
Related UPI Stories
Latest Headlines
Top Stories
Houston-based LINN leaves Texas shale
Australian troops to receive new rifle variant
Saab joining BAE Systems, Patria in bid to produce armored vehicle
Gas prices could go up, AAA says
Kurdish government in Iraq selling more oil