News Column

First-Time Jobless Claims Slip Slightly in Week

January 2, 2014

UPI Business News

unemployment line
Weekly jobless claims were down slightly

First-time unemployment benefits claims dropped slightly in the week ending Saturday, Dec. 28, the the Bureau of Labor Statistics said.

The department revised the previous week's claims from 338,000 to 341,000, making the upward revision more pronounced than the current week's decline. With 2,000 fewer first-time claims filed in the week, the total came to 339,000, 1,000 higher than last week's original estimate.

The four-week rolling average of first-time unemployment benefits claims rose by 8,500 to 357,250.

The largest increases in initial claims for the week ending December 21 were in Michigan, where claims rose by 4,865, New York, up by 3,284, and Oregon with a gain of 1,901.

The largest decreases were in California, off by 5,429, Illinois, down by 3,509 and Washington, with 1,930 fewer benefits claims.

Copyright 2014 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: Initial jobless claims slip slightly in week


For more stories covering business, please see HispanicBusiness' Business Channel



Source: Copyright 2014 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.