New York (CNNMoney.com) – The number of first-time filers for unemployment insurance fell last week to a nearly 15-month low, according to a government report released Wednesday.
There were 457,000 initial jobless claims filed in the week ended Nov. 28, down 5,000 from a revised 462,000 the previous week, the Labor Department said.
That's the lowest level since the week ended Sept. 6, 2008. The week being reported included the Thanksgiving holiday.
A consensus estimate of economists surveyed by Briefing.com expected 480,000 new claims for the week.
The 4-week moving average of initial claims was 481,250, down 14,250 from the previous week.