Fewer Americans than projected filed applications for unemployment benefits last week as disruptions caused by superstorm Sandy waned.
Jobless claims decreased by 25,000 to 370,000 in the week ended Dec. 1, Labor Department figures showed today in Washington. The median forecast of 52 economists surveyed by Bloomberg called for a drop to 380,000. A Labor Department spokesman said there was nothing unusual in last week’s data.
Payrolls grew by 86,000 in November after rising 171,000 the prior month, according to the Bloomberg survey median ahead of Labor Department figures due tomorrow. The unemployment rate held at 7.9 percent, economists predicted.