Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: FRIDAY, December 3, 1993 TAG: 9312030120 SECTION: BUSINESS PAGE: B-5 EDITION: METRO SOURCE: DATELINE: WASHINGTON LENGTH: Short
The Labor Department said 321,000 people filed initial jobless claims for the week ended Nov. 27, the lowest level in two months. That was down from a revised 338,000 the previous week.
Analysts had expected a decline of about 9,000 because of the Thanksgiving Day holiday, which cut the number of days in which to file.
The four-week moving average of claims fell 4,250 to 338,750, a six-week low. Analysts prefer tracking that figure because it smooths out the often volatile changes in the weekly figures.
- Associated Press
by CNB