Jobless Claims Fall Last Week.

Washington, DC, Sept. 6, 2012 -- Initial applications for unemployment benefits fell last week to the lowest level in a month, according to the Labor Department.

Initial claims dropped 12,000 to a seasonally adjusted 365,000, the Labor Department said.

It was the first drop in new claims since the week that ended August 4.

Economists had forecast claims falling to 370,000.