US Jobless Claims Drop 27k To 341k, In Weather-Skewed Week
By IBTimes Staff Writer | February 15, 2013 12:50 AM EST
U.S. initial jobless claims fell 27,000 to 341,000 in the latest week, the U.S. Labor Department announced Thursday, but economists caution the data may have been skewed lower, due to the northeast U.S.'s snowstorm, which may have delayed filings.
That's why economists emphasize the four-week moving average -- as it smooths-out anomalies for weather, strikes, and other events. That average rose 1,500 to 352,500.
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