Subscribe Register Login

Friday, May 22, 2015, 2:11 p.m.
Top Picks - Mobile App

U.S. applications for unemployment aid reach 3-month low

By The Associated Press

This article was published March 6, 2014 at 11:06 a.m.

WASHINGTON — The number of people seeking U.S. unemployment benefits dropped 26,000 last week to a seasonally adjusted 323,000, the lowest level in three months as layoffs remain at pre-recession levels.

The Labor Department said Thursday that the four-week average of applications, a less volatile measure, fell slightly to a seasonally adjusted 336,500.

That average indicates that companies are cutting few jobs and anticipate steady economic growth despite the winter slowdown. Applications are a rough proxy for layoffs.

Read tomorrow's Arkansas Democrat-Gazette for full details.

Comments on: U.S. applications for unemployment aid reach 3-month low

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.

Subscribe Register Login

You must login to make comments.

TOP JOBS

Search 758 jobs >

Top Picks - Mobile App
Arkansas Online