AsianetApril 12, 2013 17:16
The number of Americans initially applying for unemployment aid fell sharply last week after a jump in the previous week, the U.S. Labor Department reported on Thursday. The advance figure for seasonally-adjusted initial claims for jobless benefits was 346,000 in the week ending April 6, down 42, 000 from the revised figure of 388,000 in the previous week, hence the highest since late November, 2012.
Meanwhile, the four-week moving average, which helps smooth out week-to-week volatility, edged up to 358,000 from 355,000 in the previous week.
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