Initial Jobless Claims Fall to Two-Month Low

Washington, DC, Sept. 24, 2009--Initial jobless claims filed last week came in at 530,000, a figure that is 21,000 lower than than the week before.

Continuing claims, or people who have been on unemployment for some time, decreased last week to 6.14 million from 6.26 million the week before, the Labor Department said.

Last week's number for new jobless claims was the lowest it's been since the week ending July 11.

The official national unemployment rate stands at 9.7 percent.