Applications for jobless aid rise but stay at healthy level
WASHINGTON - More Americans applied for unemployment benefits last week, but their numbers remained at low levels consistent with a healthy job market.
The Labor Department says the number of people seeking jobless aid rose by 7,000 to a seasonally adjusted 265,000. The less-volatile four-week average rose by 750 to 268,000.
Jobless claims are a proxy for layoffs. Weekly numbers below 300,000 are historically low.
The number of people collecting unemployment checks was 2.24 million, down nearly 7 percent from a year earlier.
The U.S. labor market is healthy. Employers added 242,000 jobs last month, and the unemployment rate stayed at an eight-year low 4.9 percent.
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
2 Make A Difference: Glen Oaks High School Security Dads give away...
Friends, strangers gather in prayer as search for missing LSU student continues
La. partnering with feds for mass vaccination center in BR
Toddler critically injured in fire, three others injured
Questions linger as search for missing LSU student continues
Max Johnson in the mix for LSU starting quarterback job
Coach O admits to mistakes, takes steps to correct them in the...
Saints QB Jameis Winston gets emotional discussing Drew Brees
Southern football on the road to play Texas Southern
Javonte Smart's impact on the Baton Rouge community