MW: U.S. weekly initial jobless claims fall 14,000 to 529,000
By Robert Schroeder
WASHINGTON (MarketWatch) -- First-time claims for state unemployment benefits fell by 14,000 to 529,000 in the week ending Nov. 22, the Labor Department reported Wednesday. The four-week average of those claims rose to a 25-year high of 518,000. Meanwhile, the number of continuing jobless claims fell by 54,000 to 3.96 million. The four-week average of continuing claims rose to a 25-year high of 3.92 million.
