Arab Today, arab today initial jobless benefit claims drop
Last Updated : GMT 09:22:01
Arab Today, arab today
Arab Today, arab today

Initial jobless benefit claims drop

Arab Today, arab today

Arab Today, arab today Initial jobless benefit claims drop

Washington - UPI

Initial unemployment claims fell by 12,000 to a seasonally adjusted 367,000 for the week ending Jan. 27, the U.S. Labor Department said Thursday. The previous week\'s upwardly revised figure was 379,000, the department said in a release. At 377,750, the four-week moving average held to less than 400,000 for the 11th consecutive week. The U.S. unemployment rate was 8.5 percent in December, down from November\'s 8.6 percent on a gain of 200,000 jobs. The figure is set to be revised, as needed, on Friday with the release of the monthly employment situation report.

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