New jobless-benefits claims fall

But applications exceed 400,000 for 2nd week in a row

Posted: November 22, 2012 at 12:48 a.m.

Jesus Serna works at Generac Power Systems Inc., one of the largest makers of residential generators in the U.S., in Whitewater, Wis., last week. The number of first-time applications for unemployment benefits fell last week, and a measure of economic indicators rose in October, led by a demand for large manufactured goods.

The number of people seeking U.S. unemployment aid remained elevated for a second straight week because Hurricane Sandy forced many people to seek temporary benefits.

This story is only available from our archives.

Business, Pages 35 on 11/22/2012