US applications for jobless claims fall to 201,000, lowest level in nearly a year
The Labor Department on Wednesday said that applications for jobless benefits fell to 201,000 for the week ending January 4, down from the previous week's 211,000. This week's figure is the lowest since February of last year. The four-week average of claims, which evens out the week-to-week ups and downs, fell by 10,250 to 213,000.