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VOL. 123 | NO. 32 | Friday, February 15, 2008

Jobless Claims Decline by Larger-Than-Expected Amount

By MARTIN CRUTSINGER | AP Economics Writer

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WASHINGTON (AP) - The number of newly laid off workers filing claims for unemployment benefits fell last week by a larger-than-expected amount.

The Labor Department reported Thursday that applications for jobless benefits totaled 348,000 last week, down by 9,000 from the previous week.

Analysts had been expecting a slightly smaller decrease of around 6,000.

The four-week average for claims, which smoothes out the weekly volatility, rose by 3,500 to 347,250, the highest level for this number since October 2005.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 53 136 4,898
MORTGAGES 105 218 6,858
FORECLOSURE NOTICES 0 20 1,495
BUILDING PERMITS 0 205 11,499
BANKRUPTCIES 63 134 4,659
BUSINESS LICENSES 32 60 2,043
UTILITY CONNECTIONS 0 103 6,356
MARRIAGE LICENSES 0 34 1,407

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