
Washington, DC, January 10, 2008—Initial jobless claims fell by 15,000 last week, according to the Labor Department.
The Labor Department said that 322,000 persons filed applications for jobless benefits.
The four-week moving average for jobless claims fell to 341,000, the lowest in a month.
Builders and mortgage lenders are among the housing-related businesses shedding jobs and others are limiting hiring.
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