Unemployment benefit applications jump to 399,000

In this Dec. 12, 2011 photo, people wait to talk with potential employers at a job fair sponsored by National Career Fairs, in New York. Unemployment rates fell in 43 states in November, the most number of states to report such declines in eight years. (Mark Lennihan)

January 12, 2012 12:24:19 AM PST
The number of people applying for weekly unemployment benefits spiked last week, largely because companies let go of thousands of workers after the holiday season.