First-time jobless claims drop by 15,000

Jan. 9, 2014 at 9:31 AM

WASHINGTON, Jan. 9 (UPI) -- First-time unemployment benefits claims dropped to the lowest in a month in the week ending Saturday, the U.S. Bureau of Labor Statistics said Thursday.

First-time claims dropped by 15,000 to 330,000, falling from the previous week's revised figure of 345,000.

The original estimate of the previous week's first-time claims was 339,000. The revision by 6,000 erases last week's reported drop of 2,000 claims, turning that into a gain of 4,000.

The four-week rolling average of first-time jobless claims fell by 9,750 to 349,000.

The largest increases in initial claims for the week ending Dec. 28 were in Michigan with a gain of 16,056, Pennsylvania, up by 10,601, and New Jersey with a gain of 7,345.

The largest decreases were in California, where claims fell by 14,635, followed by a drop of 6,723 in Texas and 3,738 fewer claims in Florida.

Related UPI Stories
Latest Headlines
Trending Stories
Pepsi to release 'Back to the Future Part II' inspired Pepsi Perfect
Nobel Prize in medicine awarded to parasitic disease scientists
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'