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Thu., 9:31am: Weekly US jobless claims fall to 355K last week

November 8, 2012
Tribune Chronicle |

WASHINGTON -- The number of people seeking unemployment benefits fell last week by 8,000 to a seasonally adjusted 355,000, a possible sign of a healing job market. But officials cautioned that the figures were distorted by Superstorm Sandy.

The Labor Department said Thursday that the four-week average of applications, a less volatile measure, rose by 3,250 to 370,500.

The storm could affect weekly applications for up to four weeks, a Labor spokesman said.



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