Fewer Americans than projected filed applications forunemployment benefits last week as disruptions caused by superstormSandy waned.
Jobless claims decreased by 25,000 to 370,000 in the week endedDec. 1, Labor Department figures showed today in Washington. Themedian forecast of 52 economists surveyed by Bloomberg called for adrop to 380,000. A Labor Department spokesman said there wasnothing unusual in last week's data.
The mid-Atlantic region, which employs about 14 percent of U.S.workers, is recovering after Sandy. Apart from the storm-relateddamage — which may also be reflected in the November payrollsreport tomorrow — employers will probably curb hiring until therisks from the global slowdown and looming U.S. fiscal tighteningdissipate.
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