Weekly US Jobless Claims Drop 42K To 338K - NBC Right Now/KNDO/KNDU Tri-Cities, Yakima, WA |

Weekly US Jobless Claims Drop 42K To 338K

Posted: Updated:

WASHINGTON (AP) - The number of Americans applying for unemployment benefits dropped by 42,000 last week to a seasonally adjusted 338,000, the biggest drop since November 2012. But economists say the figures from late November and December are warped by seasonal volatility around the Thanksgiving, Christmas and New Year's holidays.
    
The Labor Department says the less-volatile four-week average rose 4,250 to 348,000.
    
Claims had jumped 75,000 the two weeks that ended Dec. 14 before plunging last week.
    
Unemployment claims are a proxy for layoffs and are now consistent with a solid job market.
    
Hiring has been healthy the past four months. The economy added an average of 204,000 jobs every month from August through November, an improvement from earlier this year.
    
The unemployment rate fell in November to 7 percent.

HD DOPPLER 6i
/
  • National NewsMore>>

  • Mad Minute stories from Thursday, February 22nd

    Mad Minute stories from Thursday, February 22nd

    Friday, February 23 2018 2:00 AM EST2018-02-23 07:00:09 GMT

    Here are the extended versions of the KHQ Local News 11 at 11 Mad Minute stories from Thursday, February 22nd.

    More >>

    Here are the extended versions of the KHQ Local News 11 at 11 Mad Minute stories from Thursday, February 22nd.

    More >>
  • Trump backs raising age for buying assault rifles, bucks NRA

    Trump backs raising age for buying assault rifles, bucks NRA

    Friday, February 23 2018 1:00 AM EST2018-02-23 06:00:09 GMT

    WASHINGTON (AP) - President Donald Trump says the nation should keep assault rifles out of the hands of anyone under 21. That position defies his loyal supporters in the National Rifle Association at a time of heated debate over gun violence. He also is pushing hard for arming security guards and many teachers in U.S. schools. Trump says that he's spoken with many members of Congress and NRA officials and insists they would go along with his plans in the wake of last we...

    More >>

    WASHINGTON (AP) - President Donald Trump says the nation should keep assault rifles out of the hands of anyone under 21. That position defies his loyal supporters in the National Rifle Association at a time of heated debate over gun violence. He also is pushing hard for arming security guards and many teachers in U.S. schools. Trump says that he's spoken with many members of Congress and NRA officials and insists they would go along with his plans in the wake of last we...

    More >>
  • Ohio student arrested for viral Facebook “SHS” threat

    Ohio student arrested for viral Facebook “SHS” threat

    Thursday, February 22 2018 11:32 PM EST2018-02-23 04:32:55 GMT

    SPOKANE, Wash. - Many of you have reached out to KHQ, concerned after you saw a Facebook post that went viral on Wednesday, causing concern across the nation. The post was made under the Facebook profile “Ray Andres.” The person behind the post threatened to bring a gun to school and referred to the school as “SHS.” According to WHIO News, the FBI and Clark County Deputies were able to pinpoint the location of where the social 

    More >>

    SPOKANE, Wash. - Many of you have reached out to KHQ, concerned after you saw a Facebook post that went viral on Wednesday, causing concern across the nation. The post was made under the Facebook profile “Ray Andres.” The person behind the post threatened to bring a gun to school and referred to the school as “SHS.” According to WHIO News, the FBI and Clark County Deputies were able to pinpoint the location of where the social 

    More >>