Weekly First Time Unemployment Claims Fall

12.31.09 | FL News Team

Fewer Americans filed for first-time unemployment benefits in the past week ending December 26th. The Labor Department today reported 432-thousand people filed for those benefits, down 22-thousand from the week before. Analysts had been expecting a increase of about eight thousand. The total number of claims for the week ending December 19th fell to just under five-million, down 57-thousand.

 Michigan leads the way in the largest increases in initial claims, as those were up by more than eight-thousand in the Great Lakes State, followed by California, Florida, Iowa and Missouri. The biggest decline in first-time claims came in Tennessee, followed by Illinois, Pennsylvania, Georgia and North Carolina. The highest insured unemployment rate is in Alaska at seven-point-four percent, with those figures for the week ending December 12th.