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January 11, 2008

Fewer unemployed file with Feds

According to the U.S. Department of Labor , 322,000 Americans filed for unemployment insurance benefits for the first time during the week ended Jan. 5, a 15,000 decrease from the previous week's revised figure of 337,000.

The four-week moving average was 341,000, a decrease of 3,000 from the previous week.

The advance seasonally adjusted insured unemployment rate was 2 percent for the week ended Dec. 29, a decrease of 0.1 percent compared to the prior week.

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