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First-time jobless claims fall
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| Contributor | kal |
| Last Edited | kal Oct 08, 2009 11:23am |
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| Category | General |
| News Date | Thursday, October 8, 2009 05:00:00 PM UTC0:0 |
| Description | The number of Americans who applied for first-time jobless benefits fell last week to the lowest level since early January, the Labor Department reported this morning.
Initial claims fell 33,000 to a seasonally adjusted 521,000 in the week ending Oct. 3.
Continuing claims, which measure the number of people receiving benefits through the standard 26-week unemployment insurance program, fell by 72,000 to 6.04 million in the week ending Sept. 26, the lowest since late March.
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