Weekly Jobless Claims Drop, Job Market Healing

Date: Oct 25 2012

Filed under: Labor

jobs report unemployment rate
WASHINGTON, Oct 25 (Reuters) – The number of Americans filing new claims for unemployment benefits fell last week, giving a clearer sign that the labor market is healing after wild fluctuations in claims data at the beginning of the month.

Initial claims for state unemployment benefits dropped 23,000 to a seasonally adjusted 369,000, the Labor Department said on Thursday.

The prior week’s figure was revised slightly higher to show 4,000 more applications than previously

Weekly Jobless Claims Drop, Job Market Healing originally appeared on DailyFinance.com on 2012-10-25T10:00:00Z.

Permalink | Email this | Comments

http://jobs.aol.com/articles/2012/10/25/report-unemployment-claims-down-job-market-stabilizing/