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Jobless Claims Rise By 15,000 In Week

WASHINGTON, Dec. 29 (UPI) — Initial unemployment claims rose by 15,000 to a seasonally adjusted 381,000 for the week ending Dec. 24, the U.S. Labor Department said Thursday.

The previous week’s revised figure was 366,000, the department said in a release.

At 375,000, the four-week moving average held under 400,000 for the seventh consecutive week.

The U.S. unemployment rate was 8.6 percent in November, the lowest in 2 1/2 years.

The advance number of actual unadjusted first-time joblessness claims under state programs was 490,364 in the week ending Dec. 24, an increase of 69,261 from the previous week, Labor Department officials said.

UPI - United Press International, Inc.

Since 1907, United Press International (UPI) has been a leading provider of critical information to media outlets, businesses, governments and researchers worldwide.

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