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Weekly Jobless Claims, 4Q Non-Farm Productivity Fall

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    FBN’s Diane Macedo breaks down the latest report on unemployment and productivity.

  • Duration 0:32
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On the Labor Department says a higher than expected 366000.

People filed for first time benefits last week jobless benefits that is.

And that's half -- -- for 360000.

That was still lower than last week's revised 371000.

We also got our first reading on fourth quarter nonfarm productivity that came -- At a negative percent 2%.

Annual rate the biggest drop since the first quarter -- 2011.

Economists were expecting a decline of one point 3% the third quarter was also revised up to 3.2 percent from two point nine.

Labor costs --