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September 2, 2010

Initial Jobless Claims Dip 6K

In the week ending Aug. 28, 472,000 Americans filed claims for unemployment insurance coverage for the first time, according to the U.S. Department of Labor.

That's a decrease of 6,000 from the previous week's revised figure of 478,000. The 4-week moving average was 485,500, a decrease of 2,500 from the previous week.

The advance seasonally adjusted insured unemployment rate was 3.5 percent for the week ending Aug. 21, unchanged from the prior week.

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