First-time unemployment claims dropped by 12,000 to 350,000 in the week that ended Saturday, the Bureau of Labor Statistics said Thursday.
The four-week rolling average of first-time claims rose by 10,750 to 348,250 in part due to a jump of 66,000 in one week during the partial U.S. government shutdown.
In addition, the previous week's claims figure was revised from 358,000 to 362,000.
The largest increases in initial claims for the week that ended Oct. 12 were in California with 11,781 new claims, Pennsylvania with 3,362) and New York with 2,443.
The largest decreases were in Kentucky, down by 2,178, Ohio with 2,164 fewer claims and Minnesota with 1,375 fewer claims.
Copyright 2013 United Press International, Inc. (UPI). Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Original headline: Jobless claims drop by 12,000
Most Popular Stories
- 15 Myths That Could Ruin Your Hispanic Ad Campaign
- Bitcoin Clones Lurch Onto Financial Scene
- General Motors Names Mary Barra as First Female CEO
- Clinton to Keynote Annual Simmons Leadership Conference
- AIG to Create 230 Jobs in Charlotte
- How Bitcoin and Other Cryptocurrencies Work
- Californians Want to Legalize Marijuana
- Selena Gomez, Shakira Among Top Hispanic Searches
- Pacific Trade Pact Delay Hinders U.S. Pivot to Asia
- PhD Project Grooms Business Profs