Jobless Claims Fall for Week

Initial jobless claims decreased last week, the Labor Department said Thursday.

Claims declined by 15,000 for the week ended Saturday, to 372,000, Labor said.

Economists had forecast 375,000 new claims, Bloomberg reported.

The four-week moving average, a less volatile measure, declined to 373,250, the lowest level since June 2008.

Continuing jobless claims for the previous week ended Dec. 24 fell by 22,000 to 3.6 million.