30 October 2003, 16:43  US jobless claims fall in latest week

WASHINGTON, Oct 30 - The total number of Americans filing initial jobless claims fell by 5,000 last week from a revised 391,000 the previous week, the government said on Thursday, in a sign of a convalescing U.S. job market. First-time claims for state unemployment insurance benefits fell to 386,000 in the week ended Oct. 25, the Labor Department said. Claims would have been lower by between 5,000 and 10,000 if not for labor disputes in the grocery store and transportation industries in California and other states, a Labor economist said. The new claims figure was in line with expectations of analysts polled by , who were expecting 385,000. The closely watched four-week moving average fell to its lowest level in eight months.//

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