Thu, 01 Nov 2012 12:54:22 GMT
Jobless claims declined last week
The Labor Department reported on Thursday that the amount of Americans that filed for unemployment benefits decreased during the week ended October 28, which added to signs of recovery in the economy. Initial claims for unemployment insurance fell by 9,000, reaching a level of 363,000 on a seasonally adjusted basis. Economists, however, expected a higher reading of 370,000.
"Jobless claims have