Most Active Stories
- Getting To Know Midtown's 'Running Superman'
- Collector And Gallerist Byron Cohen Dies At 72
- Liberty Hospital Announces Layoffs, Citing Pending 'Health Care Storm'
- 5 Things You Should Know About The Genetically Modified Food You’re Probably Eating
- Insight Into The Trials And Joys Of Transgender Relationships
Thu November 8, 2012
Jobless Claims Fell By 8,000 Last Week; Superstorm Sandy Might Be Factor
There were 355,000 first-time claims for unemployment insurance last week, down by 8,000 from the week before, the Employment and Training Administration says.
But a measure designed to show the trend edged up: "The 4-week moving average was 370,500, an increase of 3,250 from the previous week's unrevised average of 367,250."
And, The Associated Press says, the week-over-week decline might have been due in part to Superstorm Sandy: Some people who might have applied for benefits couldn't because of the damage the storm inflicted on parts of New Jersey, New York and surrounding states.