First-Time Jobless Claims Down Last Week
December 15, 2011 by UPI - United Press International, Inc.
WASHINGTON, Dec. 15 (UPI) — Initial unemployment claims fell 19,000 to a seasonally adjusted 366,000 for the week ending Dec. 10, the U.S. Labor Department said Thursday.
The previous week’s revised figure was 385,000, the department said in a release.
The four-week moving average was 387,750, a drop of 6,500 from the previous week’s revised moving average of 394,250, the department said.
The U.S. unemployment rate was 8.6 percent in November, the lowest in 2 1/2 years.
First-time claims for jobless benefits were the lowest since mid-2008, department statistics indicated.
The advance number of actual unadjusted initial claims under state programs was 433,287 in the week ending Dec. 10, a drop of 95,506 from the previous week, Labor officials indicated.