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April 22, 2010

First Time Jobless Claims Inch Down

In the week ending April 17, 456,000 Americans filed claims for unemployment insurance coverage for the first time, according to the U.S. Department of Labor.

That's a decrease of 24,000 from the previous week's revised figure of 480,000. The 4-week moving average was 460,250, an increase of 2,750 from the previous week.

The insured unemployment rate was 3.6 percent for the week ending April 10, a decrease of 0.1 percentage point from the prior week.

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