New Jobless Benefits Claims Rise Despite Downward Trend

Washington — (Associated Press) More Americans signed up for unemployment benefits last week, but the broader trend in layoffs points to a slowly healing jobs market.

The Labor Department says new claims for unemployment aid rose last week by a seasonally adjusted 26,000 to 436,000. The previous week’s claims were revised up slightly to show applications had tumbled by 31,000 to 410,000. The figures are often volatile during the weeks around the Veteran’s Day and Thanksgiving holidays.

Even so, the longer-term trend has shown a downward drift.

The four-week moving average of claims, which smooths volatility, fell to 431,000 last week, a two-year low.

Read more: FoxNews

 

 

Can't find what you are looking for? Search our site below:

Custom Search

Today’s Headlines

Preparing for a Healthcare Job Interview

Looking for your first healthcare job is an exciting journey that may have a few bumps along the way. Although preparing and submitting a sleek resume is the … [Read More...]

New Unemployment Numbers- February

On Friday March 10th the U.S. Bureau of Labor Statistics released their Employment and Unemployment numbers for February 2017. The media was making a big deal … [Read More...]

Whose Unemployment Numbers are Right?

The Bureau of Labor Statistics (BLS) and the Gallup Survey people both generate numbers to help us understand the employment/unemployment situation. … [Read More...]

5 Digital Marketing Careers to Consider

You don’t need an insider to tell you that the world of digital marketing has been thriving for quite some time and that it will continue to do so in the … [Read More...]

Unemployment News

BLS Monthly Employment Report for April

The US economy added 160,000 "seasonally adjusted" jobs in April, the lowest figure in the last seven months. The adjusted U-3 unemployment rate remained steady at 5%. The Unadjusted U-3 fell to 4.7% while the … [Read More...]

More Posts from this Category

About Tim McMahon

Work by editor and author, Tim McMahon, has been featured in Bloomberg, CBS News, Wall Street Journal, Christian Science Monitor, Forbes, Washington Post, Drudge Report, The Atlantic, Business Insider, American Thinker, Lew Rockwell, Huffington Post, Rolling Stone, Oakland Press, Free Republic, Education World, Realty Trac, Reason, Coin News, and Council for Economic Education. Connect with Tim on Google+

Speak Your Mind

*