Jobless claims drop sharply in latest week - MarketWatch
http://workforcesecurity.doleta.gov/press/2012/101112.asp
First-time claims for state unemployment benefits fell sharply in the
latest week to their lowest level since mid-February, the Labor
Department reported Thursday. The number of initial claims in the week
ending Oct. 6 fell 30,000 to 339,000. The decline was unexpected. The
consensus forecast of Wall Street economists was for claims to rise
1,000 to 368,000. The four-week average fell 11,500 to 364,000. This is
the lowest level since late March. Claims in the previous week were
revised to an increase of 6,000 to 369,000 compared with the initial
estimate of a gain of 4,000 to 367,000.
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