Thursday, April 22, 2010

Thursday Is New Jobless Day

Still high.

WASHINGTON (MarketWatch) -- The number of people filing an initial claim for unemployment benefits declined by 24,000 last week to a seasonally adjusted 456,000, the first drop in three weeks, the Labor Department reported Thursday.

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The four-week average of new claims -- considered a better gauge of underlying trends than the volatile weekly number -- rose by 2,750 to 460,250, the highest in a month.