Jobless claims drop by 10,000

March 14, 2013 at 9:00 AM

WASHINGTON, March 14 (UPI) -- The U.S. Labor Department said first-time jobless benefits claims dropped by 10,000 to 332,000 in the week that ended last Saturday.

Initial claims for unemployment benefits fell from a revised 342,000 from the previous week. Last week's number of claims had been reported at 340,000.

The four-week rolling average for the week dropped 2,750 to 346,750.

The largest increases in claims for the week that ended March 2 were in California with a jump of 11,720 and New York with a gain of 7,900. The largest declines were in Massachusetts and North Carolina drops of 4,193 and 1,146, respectively.

Related UPI Stories
Latest Headlines
Trending Stories
American Apparel files for Chapter 11 bankruptcy
Womb transplants begin in U.K. after Sweden's success
Gay Vatican priest comes out day before Pope Francis begins synod on family issues
Scientists find roadmap that may lead to 'exercise pill'
Nobel Prize in medicine awarded to parasitic disease scientists