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Jobless Claims Fall Again

Wall Street Journal (02/09/12) Jeff Bater

U.S. jobless claims fell by 15,000 to a seasonally adjusted 358,000 in the week ended Feb. 4, the U.S. Department of Labor reported Thursday. The unexpected decrease that gave further indication the jobs market is improving. The previous week’s figures were revised up, to 373,000 from 367,000. Economists surveyed by Dow Jones Newswires had expected claims to climb by 3,000 to 370,000. The four-week moving average of new jobless claims decreased by 11,000 to 366,250, coming in at its lowest number since April 2008.