Initial Jobless Claims Edge Lower

Washington, DC, Jan. 16, 2014 -- Initial jobless claims fell by 2,000 to 326,000 in the week ended Jan. 11, the Labor Department said.

The average of new claims over the past month fell by 13,500 to 335,000, the lowest level in five weeks.

Continuing claims rose by 174,000 to a seasonally adjusted 3.03 million in the week ended Jan 4.