Fewer people sought unemployment aid last week
Unemployment numbers fell three times in the past four weeks, in a sign the economy is improving
By Christopher S. RugaberTopics: Unemployment, Economics, News
In a March 30, 2011 photo, Peter Gordon poses for a photo in his apartment, in St. Louis. Gordon, who has been out of work for a year, could lose his unemployment benefits in coming months because of efforts by several Republican Missouri state senators to block the use of an estimated $105 million of federal unemployment benefits. (AP Photo/Jeff Roberson)(Credit: AP)Fewer people applied for unemployment benefits last week, a sign that layoffs are dropping and employers may be hiring more workers.
The Labor Department said Thursday the number of people seeking benefits dropped 10,000 to 382,000 in the week ending April 2. That’s the third drop in four weeks.
The four-week average of applications, a less volatile measure, declined to 389,500. The average is just 1,000 above a two-year low that was reached three weeks ago.
Applications near 375,000 are consistent with a sustained increase in hiring. Applications, which reflect the pace of layoffs, peaked during the recession at 659,000.
The number of people seeking benefits has fallen for several months. The four-week average has dropped by 28,750, or nearly 7 percent, in the past eight weeks. At the same time, businesses are stepping up hiring.
Employers added a net total of 216,000 jobs last month, the Labor Department said last week, and the unemployment rate fell from 8.9 percent to 8.8 percent. Private employers added more than 200,000 jobs in both February and March, the biggest two-month gain since 2006.
The number of people collecting benefits also dropped. The total dipped slightly to 3.7 million during the week ending March 19, one week behind the applications data. That’s the lowest total since October 2008. But that doesn’t include millions of people receiving aid under the emergency unemployment benefit programs put in place during the recession.
Overall, 8.5 million people received unemployment benefits in the week ending March 19, the latest data available. That’s down sharply from the previous week, when nearly 8.8 million people collected benefits.
Related Stories
More Related Stories
-
Paul Krugman's right: Austerity kills
-
Jon Karl makes things worse
-
How Guantanamo affects China: Our human rights hypocrisies
-
Top 5 investigative videos of the week: Nailing a dictator
-
Alex Gibney: Julian Assange has become like "those he despises"
-
New Yorker launches tool by Aaron Swartz to protect leaks
-
Financial Times hacked by Syrian Electronic Army
-
Gitmo hunger strike reaches 100th day
-
New DSM, new debates over ADHD and autism
-
John Brennan makes surprise Israel trip over Syria concerns
-
Pentagon officials: Drone War on Terror is endless
-
Toronto mayor reportedly caught on video smoking crack
-
Google Glass chief: "You'll know" when someone is spying on you
-
California powers $550 lottery jackpot
-
North Dakota lawmaker: Blame Roe v. Wade for school shootings
-
Take the Pope Francis tour of Buenos Aires and be pontiff for a day
-
U.K. hacker sentencing highlights U.S. overreach
-
Obama leaves room for whistle-blower prosecution
-
Should Obama go Bulworth?
-
Government to share cyber-vulnerabilites info with private sector
-
Lockheed Martin yet another victim of the sequester
Featured Slide Shows
The week in 10 pics
close X- Share on Twitter
- Share on Facebook
- Thumbnails
- Fullscreen
- 1 of 11
- Previous
- Next
-
Lisa Montgomery embraces her nephew Thursday after a tornado tore apart her home in Cleburne, Texas. The twister killed six people and destroyed entire swaths of the North Texas town.
Credit: AP/LM Otero -
Jack McMahon, the defense attorney for abortion doctor Kermit Gosnell, speaks outside the Criminal Justice Center in Philadelphia Tuesday. His client was convicted of killing three babies in his clinic, and will serve multiple life sentences.
Credit: AP/Matt Rourke -
A photo taken Monday captures Vice President Joe Biden's response to a Milwaukee second-grader's innovative proposal to end America's epidemic of gun violence. This guy!
Credit: AP/Jenny Aicher -
Sen. Rand Paul, R-Ky., flanked by a grouper-eyed Michele Bachmann, addresses the IRS' admission that it targeted Tea Party groups in advance of the 2012 election. In an op-ed for CNN Thursday, the Kentucky senator slammed the president for his faux outrage.
Credit: AP/Molly Riley -
Ousted IRS chief Steven Miller is sworn in on Capitol Hill Friday. Miller testified before the House Ways and Means Committee on the extra scrutiny the agency gave conservative groups applying for tax-exempt status.
Credit: AP/J. Scott Applewhite -
Attorney General Eric Holder pauses as he testifies on Capitol Hill before the House Judiciary Committee Wednesday. Holder is under fire, among other things, for the Justice Department's gathering of phone records at the Associated Press.
Credit: AP/Carolyn Kaster -
O.J. Simpson sits during an evidentiary hearing at Clark County District Court in Las Vegas, Nev., Thursday. Simpson, who is currently serving a nine-to-33-year sentence in state prison for armed robbery and kidnapping, is using a writ of habeas corpus to seek a new trial.
Credit: AP/Las Vegas Review-Journal/Jeff Scheid -
Major Tom to ground control: On Sunday astronaut Chris Hadfield recorded the first music video from space, a cover of David Bowie's "Space Oddity."
Credit: AP/NASA/Chris Hadfield -
When it rains it pours. President Barack Obama speaks during a news conference Thursday with Turkish Prime Minister Recep Tayyip Erdogan, inexplicably inspiring an #umbrellagate Twitter meme.
Credit: AP/Jacquelyn Martin -
A smoke plume rises high above a road block at the intersection of County A and Ross Road east of Solon Springs, Wis., Tuesday. No injuries were reported, but the the wildfire caused evacuations across northwestern Wisconsin.
Credit: AP/The Duluth News-Tribune/Clint Austin -
Recent Slide Shows
-
The week in 10 pics
-
The week in 10 pics
-
Mobile Entertainment: 9 Amazing Drive-In Movie Theaters Still Standing
-
The week in 10 pics
-
- Share on Twitter
- Share on Facebook
- Thumbnails
- Fullscreen
- 1 of 11
- Previous
- Next
-
The week in 10 pics
-
Mobile Entertainment: 9 Amazing Drive-In Movie Theaters Still Standing
-
The week in 10 pics
-
The week in 10 pics
-
The week in 10 pics
-
The week in 10 pics
-
Netflix's April Fools' Day categories
-
The week in 10 pics
-
The week in 10 pics
-
The week in 10 pics
-
The week in 10 pics
-
The week in 10 pics
-
Slideshow: Nerd Obama
Related Videos
Most Read
-
Revenge, ego and the corruption of Wikipedia
Andrew Leonard
-
Obstruction will ruin GOP
Jonathan Bernstein
-
Jaron Lanier: The Internet destroyed the middle class
Scott Timberg
-
Is Reddit censoring openly racist users?
Fidel Martinez, The Daily Dot
-
The man behind Abercrombie & Fitch
Benoit Denizet-Lewis
-
We're living in an Ayn Rand economy
Paul Buchheit, AlterNet
-
My "truly remarkable" cancer breakthrough
Mary Elizabeth Williams
-
When the IRS targeted liberals
Alex Seitz-Wald
-
Krist Novoselic: My plan to fix Congress, curb obstruction
Krist Novoselic
-
Will you marry me -- once you're done peeing?
Tracy Clark-Flory
Popular on Reddit
links from salon.com

63 points64 points65 points | 3 comments


Comments
11 Comments