facebook
twitter
rss
account
search
search
 

First-time jobless claims drop by 12,000

Dec. 27, 2012 at 10:28 AM   |   Comments

| License Photo
WASHINGTON, Dec. 27 (UPI) -- The U.S. Labor Department said Wednesday first-time jobless benefits claims fell by 12,000 in the week to nearly a 4 1/2-year low.

There were 350,000 first-time claims in the week, a drop from the previous week's revised figure of 362,000.

The four-week rolling average for the week was 356,750, a decrease of 11,250 from the previous week.

In the first week of October, first-time claims were lower by 8,000. Except for that week, first-time claims have been higher every week since May 2008, when 348,000 claims were filed in the first week of the month.

In the current week, the unadjusted advance number of first-time unemployment benefits claims under state programs totaled 440,887 for the week, an increase of 39,458 from the previous week, the Labor Department said.

© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Recommended UPI Stories
Featured UPI Collection
trending
Celebrity Couples of 2014 [PHOTOS]

Celebrity Couples of 2014 [PHOTOS]

Most Popular
1
Hershey's new logo launched, compared to emoji poop
2
The 'Home of the Whopper' to keep headquarters in U.S.
3
Canadian media must broadcast official emergency notifications
4
France receives upgraded aerial tanker
5
Kurds raise oil funds for refugees
Trending News
Video
x
Feedback