U.S. jobless claims drop
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January 11, 2001: 9:52 a.m. ET
First-time filings for state unemployment benefits fall to 345,000
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NEW YORK (CNNfn) - The number of Americans filing new claims for unemployment benefits fell to 345,000 for the week ended Jan. 6 from a revised 381,000 the prior week, the government reported Thursday.
Analysts polled by Briefing.com had expected 370,000 claims.
The four-week moving average of claims, thought to give a more accurate picture of jobless trends, rose to 363,000 from a revised 356,750. That's the highest level since July 1998.
Continued claims were reported at 2,503,000 for the week ended Dec. 30, the latest data available, up from a revised 2,549,000 the prior week.
Nineteen states reported an increase in claims of more than 1,000 in the week ended Dec. 30, the latest period for which those data are available. Among the largest were Michigan, Wisconsin, and North Carolina.
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