57°
Baton Rouge, Louisiana
7 Day Forecast

Latest Weather Blog

Follow our weather team on social media

Computer upgrades cut US jobless claims to 292K

3 years 2 months 3 weeks ago September 12, 2013 Sep 12, 2013 Thursday, September 12 2013 September 12, 2013 6:49 AM in News

WASHINGTON - The number of Americans seeking unemployment benefits plummeted last week 31,000 to a seasonally adjusted 292,000. But the drop was mostly because of technical issues in two states that delayed the processing of applications.

The Labor Department says less volatile four-week average fell to 321,250, the lowest in six years.

A department spokesman says the steep drop occurred because two states upgraded their computer systems last week and did not process all their applications. "This is not necessarily an indication of a change in labor market conditions," he said. He would not identify the states.

Even so, prior to the glitch applications had dropped 7 percent in the previous three months.

More News

Desktop News

Click to open Continuous News in a sidebar that updates in real-time.
Radar
7 Days