Jobless claims fall unexpectedly |
CNNMoney.com - Apr 30, 2009 |
The number of initial claims for unemployment insurance fell last week, with the number of people collecting benefits overall hitting a fresh record high of 6.27 million, according to a government report released Thursday.
In the week ended April 25, there were 631,000 initial jobless claims filed, down 14,000 from a revised-up 645,000 the previous week, the Labor Department said.
Economists expected 640,000 new claims, according to a consensus survey by Briefing.com.
The 4-week moving average of initial claims was 637,250, down 10,750 from the previous week.
Read Full Article from CNNMoney.com
- Posted: 2009-04-30 08:32:05
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