Initial Jobless Claims Fall

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WASHINGTON, Sept. 1 (UPI) — First-time jobless claims filed for the week ending Aug. 27 was 409,000, down 12,000 from the previous week, the U.S. Labor Department said Thursday.

The previous week’s first-time claims number of was revised upward to 421,000 from 417,000 originally reported.

Thursday’s report indicated the number of continuing unemployment benefit claims dropped by 18,000 to 3,735,000 for the week ended Aug. 20. Continuing claims, claims drawn by workers for more than a week, have a one-week lag in reporting from first-time claims.

The unemployment rate for workers with unemployment insurance for the week ending Aug. 20 was 3.0 percent, unchanged from the previous week, the department said.

The department said the advance number of unadjusted initial claims under state programs was 334,372 for the week ending Aug. 27, a decrease of 10,498 from the previous week. For the comparable week in 2010, there were 383,135 initial claims, the department said.

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