The number of people filing first-time clams for unemployment insurance fell by 27,000 last week, to 341,000 from 368,000 the week before.
The Employment and Training Administration also reports that the “4-week moving average was 352,500, an increase of 1,500.”
That average, in theory, gives a better picture of the trend. According to Reuters, the drop last week was larger than expected and points to “a continued steady improvement in labor market conditions.”
The slight uptick in the 4-week average, though, underscores that the improvement appears to be slow.
Read original article
- The Legislature hasn't addressed the capital budget, or other important issues facing the state’s future.
- Search-and-rescue efforts were under way Friday for a 21-year-old Hydaburg man whose empty boat was found floating off Prince of Wales Island on Thursday evening.
- After weeks of deadlock, Washington lawmakers could be close to reaching an agreement in principle on a state budget, House and Senate budget writers said Friday.
- Deadheading wilted blooms or bulging seed pods allows some plants to devote their energy to perpetuation instead of propagation.