US Jobless Claims Drop To 316,000, As Layoffs Slow - WSPA.com

US Jobless Claims Drop To 316,000, As Layoffs Slow

Posted: Updated:
The number of Americans seeking unemployment benefits dropped 10,000 last week to a seasonally adjusted 316,000, a sign that workers are in less danger of being laid off. The number of Americans seeking unemployment benefits dropped 10,000 last week to a seasonally adjusted 316,000, a sign that workers are in less danger of being laid off.
WASHINGTON -

The number of Americans seeking unemployment benefits dropped 10,000 last week to a seasonally adjusted 316,000, a sign that workers are in less danger of being laid off.

The Labor Department says the less volatile four-week average fell 7,500 to 331,750. Both the weekly jobless claims and the average have returned to pre-recession levels.

Weekly unemployment claims are a proxy for layoffs. They have fallen in six of the past seven weeks.

As layoffs have dwindled, hiring has picked up. Employers added 204,000 jobs last month, indicating that companies were undeterred by the 16-day government shutdown. Private businesses added 212,000 new positions, the most since February.

The economy has added an average of 202,000 jobs a month from August through October, up from 146,000 in May through July.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

  • Top StoriesTop StoriesMore>>

  • Woman Charged With DUI After 2 Children Die In Boating Accident

    Woman Charged With DUI After 2 Children Die In Boating Accident

    Monday, September 1 2014 5:08 PM EDT2014-09-01 21:08:30 GMT
    Dawn Thompson, 53, of EasleyDawn Thompson, 53, of Easley
    Dawn Thompson, 53, of Easley is charged with two counts of felony DUI  after a five-month old baby and a nine-year old child died after a boat capsized on Lake Hartwell Sunday in the Townville area.

    Dawn Thompson, 53, of Easley is charged with two counts of felony DUI  after a five-month old baby and a nine-year old child died after a boat capsized on Lake Hartwell Sunday in the Townville area.
  • 2 Women, 4 Kids Hurt In Lake Keowee Jet Ski Wreck

    2 Women, 4 Kids Hurt In Lake Keowee Jet Ski Wreck

    Monday, September 1 2014 1:59 PM EDT2014-09-01 17:59:29 GMT
    Authorities say two jet skis collided on Lake Keowee, injuring the two drivers and four children who were riding along.
    Authorities say two jet skis collided on Lake Keowee, injuring the two drivers and four children who were riding along.
  • Spartanburg Co. Deputies Looking For Home Detention Escapee

    Spartanburg Co. Deputies Looking For Home Detention Escapee

    Monday, September 1 2014 12:49 PM EDT2014-09-01 16:49:29 GMT
    Mugshot: Lonnell Norvell Chamblee (Spartanburg Co. Sheriff's Office)Mugshot: Lonnell Norvell Chamblee (Spartanburg Co. Sheriff's Office)
    Spartanburg County Sheriff's deputies are looking for a man who escaped from home detention. According to an arrest warrant issued by the sheriff's office, 21-year-old Lonnell Norvell Chamblee, of Spartanburg, is wanted for escape after he cut off his ankle monitoring bracelet and escaped from the home detention program.
    Spartanburg County Sheriff's deputies are looking for a man who escaped from home detention. According to an arrest warrant issued by the sheriff's office, 21-year-old Lonnell Norvell Chamblee, of Spartanburg, is wanted for escape after he cut off his ankle monitoring bracelet and escaped from the home detention program.
Powered by WorldNow

250 International Dr.
Spartanburg, S.C. 29303

Telephone: 864.576.7777
Fax: 864.587.5430
Email: webmaster@wspa.com

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.