New Jobless Claims Fall To Lowest Level In A Year

Comments: 0  | Leave A Comment



WASHINGTON – The number of U.S. workers filing new applications for jobless insurance tumbled last week by a surprisingly large amount to the lowest level in more than a year, according to government data Wednesday that gave fresh evidence the battered labor market is improving.

Initial claims for state unemployment benefits slid to a seasonally adjusted 466,000 in the week ended Nov. 21, from a revised 501,000 in the prior week, the Labor Department said.

Seasonal adjustments turned a smaller-than-anticipated unadjusted rise in claims into a drop, a Labor Department economist said.

Click here to read more.


Joblessness Skyrockets Among Young Black Americans

Number Of New Jobless Claims Drops To Lowest Since January

Join the Conversation! Share on Facebook!

Tags: » »