» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 123 | NO. 32 | Friday, February 15, 2008

Jobless Claims Decline by Larger-Than-Expected Amount

By MARTIN CRUTSINGER | AP Economics Writer

Print | Front Page | Email this story | Comments ()

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 This material may not be published, broadcast, rewritten or redistributed.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog Get more from The Daily News
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 74 312 10,190
MORTGAGES 103 400 13,275
FORECLOSURE NOTICES 16 76 2,614
BUILDING PERMITS 221 783 24,307
BANKRUPTCIES 72 299 9,832
BUSINESS LICENSES 39 110 3,713
UTILITY CONNECTIONS 129 519 14,482
MARRIAGE LICENSES 13 81 3,144

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.