Claims For Unemployment Aid Dip But Remain High - KAUZ-TV: Newschannel 6 Now | Wichita Falls, TX

Claims For Unemployment Aid Dip But Remain High

WASHINGTON (AP) - The number of people seeking unemployment benefits dipped slightly last week, though not by enough to suggest that hiring is picking up.

The Labor Department says weekly applications for unemployment benefits declined 2,000 to a seasonally adjusted 402,000. That's the fourth drop in six weeks.

Still, the four-week average, a less volatile measure, rose to 405,500. The average had fallen to a six-month low two weeks ago. 

Despite the recent declines, applications are stuck above 400,000, where they have been for all but two weeks since March. Applications need to fall consistently below 375,000 to signal
sustainable job growth. They haven't been below that level since February.

Meanwhile, the number of laid-off workers receiving benefits dropped to 3.65 million, the lowest level in three years.

  • News HeadlinesNewsMore>>

  • Special counsel obtains thousands of Trump transition emails

    Special counsel obtains thousands of Trump transition emails

    Sunday, December 17 2017 3:19 AM EST2017-12-17 08:19:20 GMT
    Sunday, December 17 2017 8:09 PM EST2017-12-18 01:09:57 GMT

    Several people familiar with President Donald Trump's transition organization say special counsel Robert Mueller's team gained access to thousands of private emails sent and received by Trump officials before his administration began.

    Several people familiar with President Donald Trump's transition organization say special counsel Robert Mueller's team gained access to thousands of private emails sent and received by Trump officials before his administration began.

  • Some power restored at ATL airport, mayor reports

    Some power restored at ATL airport, mayor reports

    Sunday, December 17 2017 1:07 PM EST2017-12-17 18:07:40 GMT
    Sunday, December 17 2017 8:02 PM EST2017-12-18 01:02:16 GMT

    All air traffic was stopped, and passengers on the tarmac were removed from planes through portable staircases.

    All air traffic was stopped, and passengers on the tarmac were removed from planes through portable staircases.

  • A CDC ban on 'fetus' and 'transgender?' Experts alarmed

    A CDC ban on 'fetus' and 'transgender?' Experts alarmed

    Saturday, December 16 2017 7:49 PM EST2017-12-17 00:49:07 GMT
    Sunday, December 17 2017 7:11 PM EST2017-12-18 00:11:38 GMT

    Health leaders say they are alarmed about reports that officials at the nation's top public health agency are being told not to use certain words in official budget documents, including "fetus," and "transgender.".

    Health leaders say they are alarmed about reports that officials at the nation's top public health agency are being told not to use certain words in official budget documents, including "fetus," and "transgender.".

Powered by Frankly