Tags: jobless | claims | unemployment | benefits

Unemployment Benefits Rise 10,000 to 249,000

Unemployment Benefits Rise 10,000 to 249,000
(DreamsTime)

Thursday, 16 November 2017 08:49 AM

The number of Americans filing applications for unemployment benefits edged up again last week to a still-low 249,000.

Meanwhile, the overall number of people collecting unemployment benefits fell to a near 44-year low, further evidence that Americans enjoy job security.

The Labor Department reports that applications for jobless aid rose by a seasonally adjusted 10,000 last week after a similar increase in the previous week.

The four-week average, which smooths out week-to-week volatility, rose to 237,750, an increase of 6,500. But the number of people receiving benefits fell to 1.89 million, a drop of 44,000, putting this figure at the lowest level since Dec. 29, 1973.

The level of unemployment benefits, which serve as a proxy for layoffs, has been below 300,000 for more than two years.

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Economy
The number of Americans filing applications for unemployment benefits edged up again last week to a still-low 249,000.
jobless, claims, unemployment, benefits
127
2017-49-16
Thursday, 16 November 2017 08:49 AM
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