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Keyword: prevnumbersrevisedup
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U.S. jobless claims drop 12,000 to 409,000 (previous #'s revised up to 421k from 417k)
New applications for unemployment compensation fell by 12,000 last week to 409,000, the Labor Department said Thursday. Initial claims from two weeks ago were revised up to 421,000 from an original reading of 417,000. Economists surveyed by MarketWatch had expected new requests for jobless benefits to drop to 405,000 in the week of Aug. 27 on a seasonally adjusted basis.
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