emii.com: Fewer Americans filed Jobless Claims Over the Past Month

emii.com: Fewer Americans filed Jobless Claims Over the Past Month: "The number of Americans claiming unemployment benefits in the last month continued to drop despite a rise in new claims in the latest week, according to Bloomberg. On Tuesday, the Labor Department’s jobless claim report for the week ending Jan. 1 showed that the number of initial claims for unemployment insurance claims rose by 18,000 to reach 409,000, which was in line with forecasts from economists. However, the four-week average of new claims dropped by 3,500 to reach 410,750, marking the lowest level since July 2008."