(From CountingPips.Com, By Jobless Claims)
A government release today by the U.S. Labor Department showed that weekly U.S. jobless claims decreased in the week that ended on December 18th. New jobless claims fell to a total of 420,000 unemployed workers, a dip from the prior week by 3,000 workers.
This decrease matched market forecasts predicting the fall to 420,000 claims.
This decrease matched market forecasts predicting the fall to 420,000 claims.
The 4-week moving average of initial unemployed workers rose by 2,500 from the prior week to a total of 426,000.
Meanwhile, workers seeking continuing claims for unemployment benefits for the week ending on December 11th also decreased. Continuing claims declined by 103,000 workers to a total of 4,064,000 unemployed workers. The four week moving average of continuing claims fell lower by 38,250 workers to a total of 4,155,500.
Source link: http://countingpips.com/fx/2010/12/23/us-weekly-jobless-claims-edge-lower-by-3000/
