WASHINGTON – The number of Americans filing new claims for unemployment benefits fell to a seasonally adjusted 318,000 last week, down by a better-than-expected 13,000 from the previous week.
The total claims included 1,400 related to hurricanes Katrina, Rita and Wilma, bringing total job losses from the three storms to 603,600.
The four-week moving average, which is less volatile, fell by more than 4,700 to just over 329,000 claims.
Fox News First
Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox.
By entering your email and clicking the Subscribe button, you agree to the Fox News Privacy Policy and Terms of Use, and agree to receive content and promotional communications from Fox News. You understand that you can opt-out at any time.