U.S. Initial Unemployment Claims Fall To 367,000, Lower Than Expected

New unemployment claims in the U.S. fell to a lower level than most experts had expected according to figures released Thursday by the Labor Department.

For the week ending January 28, the DOL reported a seasonally adjusted level of 367,000 initial claims for unemployment.

That marks a decrease of 12,000 from the previous week's revised figure of 379,000 - slightly higher than the 377,000 initially reported.

by RTTNews Staff Writer

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