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First-Time Jobless Claims Jump, Big Drop In Total Claims

By: VERTEXNews/Newsroom Solutions
Updated: January 13, 2011
WASHINGTON, D.C. -- There was a significant jump in the number of first-time claims for unemployment benefits last week.

There were 445-thousand initial claims filed in the week ending January 8th.  That's 35-thousand more claims than were filed in the week prior.
  
However, there is some good news.
  
There were nearly a quarter of a million fewer total claims filed in the week ending January 1st.  Those are initial claims plus continuing claims for people who have been unemployed for more than a week.
 
The total number of claims filed that week was just short of three-point-nine-million. 

California reported the largest drop in initial claims for unemployment.  It credited the drop of more than 13-thousand claims on fewer layoffs in the service industry.
  
Georgia had the largest increase for the week ending January 1st, with nearly 12-thousand additional claims.  It blamed layoffs in the construction, trade, service and manufacturing industries.

   (Copyright 2011 by VERTEXNews/Newsroom Solutions)

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