Weekly Jobless Claims Fall to Lowest in 4.5 Years

Date: Oct 11 2012

Filed under: Labor

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WASHINGTON, Oct 11 (Reuters) – The number of Americans filing new claims for unemployment benefits fell sharply last week to the lowest level in more than four and a half years, according to government data on Thursday that suggested improvement in the labor market.

Initial claims for state unemployment benefits fell 30,000 to a seasonally adjusted 339,000, the Labor Department said. It was the lowest number of new claims since February

Weekly Jobless Claims Fall to Lowest in 4.5 Years originally appeared on DailyFinance.com on 2012-10-11T09:30:00Z.

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