Jobless Claims Fall to Lowest Level in a Month

Summary


WASHINGTON -- The number of laid-off workers filing claims for unemployment benefits declined last week, providing a slight break from a recent rise in layoffs.

The Labor Department reported that applications for jobless benefits totaled 328,000 last week, the lowest level in a month and down a better-than-expected 10,000 from the previous week.

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Extract


Jobless Claims Fall to Lowest Level in a Month

However, the four-week average for claims rose to 339,000, the highest level since layoffs spiked in the fall of 2005....

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