Weekly US Jobless Aid Applications Tick Up To 308K
WASHINGTON (AP) - The number of Americans seeking unemployment benefits rose just 1,000 last week to a seasonally adjusted 308,000, hovering near six-year lows. The tiny increase suggests companies are still cutting very few jobs.
The Labor Department says the less volatile four-week average for applications fell to 305,000. That's the lowest since May 2007, seven months before the recession began. The average has been distorted by an artificially low number four weeks ago when California and Nevada weren't able to process all their applications due to computer upgrades.
Applications are a proxy for layoffs. They have fallen steadily in the past three months as companies have cut fewer workers. That's typically followed by more hiring. But instead, job gains have slowed in recent months.
Friday, December 6 2013 2:18 PM EST2013-12-06 19:18:21 GMT
KHQ.COM - We all know that passwords protect our personal accounts and information. >>
KHQ.COM - We all know that passwords protect our personal accounts and information. However it's important to make sure that your password is unique and difficult to prevent people and software programs from figuring it out.>>
Friday, December 6 2013 2:17 PM EST2013-12-06 19:17:01 GMT
SPOKANE, Wash. - Many airlines have commemorative art they display on their airplanes to pay tribute to various things. >>
SPOKANE, Wash. - Many airlines have commemorative art they display on their airplanes to pay tribute to various things. Over the past 20 years, KHQ's Reed Schmitt has had a hobby of photographing planes as the fly in and out of Spokane International Airport. Reed sorted through over 30,000 photos to gather all of the planes he photographed that displayed commemorative art.>>