Applications for US unemployment benefits edge up by 10,000
Thursday, 9 November 2017 () WASHINGTON (AP) — The number of Americans filing applications for unemployment benefits edged up slightly to a still-low 239,000 last week. Meanwhile, the four-week average fell to a fresh 44-year low, evidence that the job market remains healthy. The Labor Department says that applications for jobless aid rose by a seasonally adjusted 10,000 last week after having fallen by 5,000 the previous week. The four-week average, which smooths out week-to-week volatility, dropped to 231,250, a decline of 1,250 from the previous week. It was the lowest level for the four-week average since it stood at 227,750 on March 31, 1973. Applications for unemployment benefits are a proxy for layoffs.
WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits unexpectedly rose last week in part as a backlog of applications from Puerto Rico continued to be processed, but the underlying trend pointed to tightening labor market conditions. Initial claims for state unemployment...
WASHINGTON (AP) — The number of Americans filing applications for unemployment benefits edged up again last week to a still-low 249,000. Meanwhile, the overall... SeattlePI.com - BusinessAlso reported by •Seattle Times •Newsmax •USATODAY.com