Thu., January 24, 2013 12:15pm (EST)

Jobless Claims Hold At Five-Year Low
By Mark Memmott
Updated: 1 year ago

The number of first-time claims for unemployment insurance dipped by 5,000 last week from the week before, to 330,000, the Employment and Training Administration reports.

That means claims remain at a low level not seen since January 2008.

Another measure, the "4-week moving average" that is supposed to give a broader look at the trend, declined by 8,250 to 351,750.

Bloomberg News cautions that the claims figures may be affected by "challenges in adjusting the data for swings at the start of a year."


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