Jobless Claims Hit 2-1/2 Year Low

Posted by | February 10, 2011 10:49 | Filed under: Top Stories

State unemployment claims fell 36,000, to seasonally adjusted 383,000, reaching the lowest number since July 2008.

The four-week moving average of unemployment claims — a better measure of underlying trends – dropped 16,000 to 415,500 last week.

The number of people still receiving benefits under regular state programs after an initial week of aid declined 47,000 to 3.89 million in the week ended January 29 from an upwardly revised 3.94 million the prior week.

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By: Alan

Alan Colmes is the publisher of Liberaland.

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