U.S. Weekly Jobless Claims Dip More Than Expected

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits fell by much more than expected in the week ended December 30th. The Labor Department said initial jobless claims declined to 202,000, a decrease of 18,000 from the previous week's revised level of 220,000. Economists had expected jobless claims to edge down to 216,000.Original Article