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.

Related UPI Stories
Latest Headlines
Trending Stories
Chelsea Clinton accidentally calls Bernie 'President Sanders'
Watch every star-studded Super Bowl commercial of 2016
Susan Sarandon responds to Piers Morgan criticizing cleavage
Two Virginia Tech students plotted 13-year-old's death, prosecutors said
Colin Powell, Condoleezza Rice got classified email on private accounts