US jobless aid applications unchanged
Source: Agencies |
May 18, 2012, Friday
|
Print Edition
Print Edition
THE number of people seeking US unemployment benefits was flat last week, suggesting steady gains in the job market.
The Labor Department said yesterday that weekly jobless aid applications stayed at a seasonally adjusted 370,000, the same level as the previous week. The four-week average, a less volatile measure, fell for the second straight week, to 375,000.
Applications for benefits surged in April to a five-month high of 392,000. They have fallen since then and are near the lowest levels in four years.
The fall suggests hiring could pick up in May after slumping in the previous two months. When applications drop below 375,000 a week, it generally suggests hiring is strong enough to lower the jobless rate.
The rate has fallen from 9.1 percent in August to 8.1 percent last month. And employers have added a million jobs over the past five months.
The Labor Department said yesterday that weekly jobless aid applications stayed at a seasonally adjusted 370,000, the same level as the previous week. The four-week average, a less volatile measure, fell for the second straight week, to 375,000.
Applications for benefits surged in April to a five-month high of 392,000. They have fallen since then and are near the lowest levels in four years.
The fall suggests hiring could pick up in May after slumping in the previous two months. When applications drop below 375,000 a week, it generally suggests hiring is strong enough to lower the jobless rate.
The rate has fallen from 9.1 percent in August to 8.1 percent last month. And employers have added a million jobs over the past five months.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
