US Jobless Claims Fall To 5-Year Low Of 324K - NBC Right Now/KNDO/KNDU Tri-Cities, Yakima, WA |

US Jobless Claims Fall To 5-Year Low Of 324K

Posted: Updated:

WASHINGTON (AP) - The number of Americans seeking unemployment aid fell last week to seasonally adjusted 324,000, the lowest since January 2008. The drop points to fewer layoffs and possibly more hiring.
    
The Labor Department says weekly applications fell 18,000, the second straight sharp drop. The four-week average, a less volatile measure, plummeted 16,000 to 342,250.
    
Applications are a proxy for layoffs. But fewer job cuts are only one side of the equation: Companies also need to be confident enough to add workers for job growth to pick up and lower the unemployment rate.
    
Economists forecast that the economy added 160,000 jobs last month. That's much better than the 88,000 added in March, but below last year's pace of nearly 185,000 per month. The government will release the April employment report Friday.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

HD DOPPLER 6i
/
  • National NewsMore>>

  • D.C. child confuses pet store with power company, gets hamster anyway

    D.C. child confuses pet store with power company, gets hamster anyway

    Friday, September 22 2017 8:54 PM EDT2017-09-23 00:54:14 GMT
    @PepcoConnect twitter@PepcoConnect twitter

    WASHINGTON, D.C. - In a mailing mix up, a little girl in Washington, D.C. sent her letter asking pet supply store Petco asking for a hamster to Pepco, a D.C. utility company. Despite her minor mix up, her letter seemed to win over the power company.  Cynthia McCabe, Pepco's Communications Director, tweeted that customer services representatives decided to make Serenity's wish come true and gave her a hamster anyway. What a lucky 

    More >>

    WASHINGTON, D.C. - In a mailing mix up, a little girl in Washington, D.C. sent her letter asking pet supply store Petco asking for a hamster to Pepco, a D.C. utility company. Despite her minor mix up, her letter seemed to win over the power company.  Cynthia McCabe, Pepco's Communications Director, tweeted that customer services representatives decided to make Serenity's wish come true and gave her a hamster anyway. What a lucky 

    More >>
  • Colorado principal, assistant out after forced-splits video

    Colorado principal, assistant out after forced-splits video

    Friday, September 22 2017 7:57 PM EDT2017-09-22 23:57:52 GMT

    DENVER, Co. (AP) - A Colorado principal has retired and an athletic director has resigned after videos surfaced showing a high school cheerleading coach pushing cheerleaders down in splits. Denver Public Schools Superintendent Tom Boasberg also on Friday released a report by a law firm that the district ordered after learning about the videos in August. Officials have said the school administrators saw at least one of the videos in June and 

    More >>

    DENVER, Co. (AP) - A Colorado principal has retired and an athletic director has resigned after videos surfaced showing a high school cheerleading coach pushing cheerleaders down in splits. Denver Public Schools Superintendent Tom Boasberg also on Friday released a report by a law firm that the district ordered after learning about the videos in August. Officials have said the school administrators saw at least one of the videos in June and 

    More >>
  • Strahan Family opens up memorial to the public

    Strahan Family opens up memorial to the public

    Friday, September 22 2017 6:28 PM EDT2017-09-22 22:28:02 GMT

    In a media release from the Strahan family, they said: "The Strahan family invites the public to join them in a memorial service celebrating the life of their son Sam Strahan. The service starts at 2:00 pm in the University High School Gym. The family is so appreciative of the outpouring of love from so many people throughout this community. We hope everyone can join them for this celebration. Thank you for your thoughts and prayers."

    More >>

    In a media release from the Strahan family, they said: "The Strahan family invites the public to join them in a memorial service celebrating the life of their son Sam Strahan. The service starts at 2:00 pm in the University High School Gym. The family is so appreciative of the outpouring of love from so many people throughout this community. We hope everyone can join them for this celebration. Thank you for your thoughts and prayers."

    More >>