4 January 2001, 16:33 US Jobless claims +16K to 375K in Dec. 30 wk
US Jobless claims +16K to 375K in Dec. 30 wk, highest since July 98.
Labor Dept. said there are no indications large rise is sector or region
specific. Note last week's figure revised sharply upward (+26K) due to
unusually high number of states estimating in holiday week, as Lbr had
predicted. 4-wk avg and cont. claims rate (2.0%) also highs since 7/98.
Not clear whether DaimlerChrysler plant closings taking hold yet.
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