WASHINGTON: Applications for US jobless benefits rise to 348K - WRBL

Applications for US jobless benefits rise to 348K

Posted: Updated:
WASHINGTON -

Weekly applications for U.S. unemployment benefits rose 19,000 last week to 348,000, the highest in about a month. But the broader trend in applications remains low.
    
The Labor Department says that the four-week average, a less volatile measure, increased just 750 to 333,000. The increase follows three weeks of declines.
    
The average is close to pre-recession levels and suggests that, despite last week's rise, layoffs remain low. But hiring will need to pick up to cut the still-high 6.7 percent unemployment rate.
    
Employers added just 74,000 jobs in December, the fewest in three years and far below the average of 214,000 added in the previous four months. Most economists forecast that hiring will rebound in January to roughly the 185,000 average monthly job gains of the past two years.

  • U.S.More>>

  • Ebola patients Brantly, Wrightbol cured, released from hospital

    Ebola patients Brantly, Wrightbol cured, released from hospital

    Thursday, August 21 2014 1:47 PM EDT2014-08-21 17:47:30 GMT
    A doctor at the hospital that treated two American aid workers who were infected with the deadly Ebola virus in Africa says their discharge poses no public health risk.
    A doctor at the hospital that treated two American aid workers who were infected with the deadly Ebola virus in Africa says their discharge poses no public health risk.
  • Holder says he understands mistrust of police

    Holder says he understands mistrust of police

    Thursday, August 21 2014 1:23 AM EDT2014-08-21 05:23:27 GMT
    Police and protesters in Ferguson were finally able to share the streets again at night, putting aside for at least a few hours some of the hostility that had filled those hours with tear gas and smoke.
    Attorney General Eric Holder sought Wednesday to reassure the people of Ferguson about the investigation into Michael Brown's death and said he understands why many black Americans do not trust police, recalling how he...
  • Beheading spurs new attacks on Islamic militants

    Beheading spurs new attacks on Islamic militants

    Wednesday, August 20 2014 7:34 PM EDT2014-08-20 23:34:42 GMT
    Militants with the Islamic State extremist group have beheaded American journalist James Foley and are threatening to kill another hostage in retaliation for U.S. airstrikes in northern Iraq.
    The United States launched a new barrage of airstrikes Wednesday against the Islamic State extremist group that beheaded American journalist James Foley and that has seized a swath of territory across Iraq and Syria....
Powered by WorldNow

1350 13th Avenue
Columbus, GA 31901

Telephone: 706.323.3333
Fax: 706.327.6655
Email: news@wrbl.com

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