Thursday November 26th, 2015 11:41PM

Weekly jobless aid applications tick up to 308K

By The Associated Press
WASHINGTON (AP) -- The number of Americans seeking unemployment benefits rose just 1,000 last week to a seasonally adjusted 308,000, hovering near six-year lows.

The Labor Department says the less volatile four-week average for applications fell to 305,000. That's the lowest since May 2007, seven months before the recession began. The average has been distorted by an artificially low number four weeks ago when California and Nevada weren't able to process all their applications due to computer upgrades.

Applications are a proxy for layoffs. They have fallen steadily in the past three months as companies have cut fewer workers. That's typically followed by more hiring. But instead, job gains have slowed in recent months.
© Copyright 2015
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
S&P 500 index has its best year since 1997
The stock market closed out a record year with more all-time highs on Tuesday, giving U.S. indexes their biggest annual gains in almost two decades.
6:56PM ( 1 year ago )
Colorado readies for 'Green Wednesday' pot sales
Police were adding extra patrols around pot shops in eight Colorado towns that plan to allow recreational sales to anyone over 21 on Jan. 1.
1:52PM ( 1 year ago )
Kerry seeks framework for Mideast peace talks
A senior State Department official says Secretary of State John Kerry will try this week to get Israel and the Palestinians to agree on a framework for negotiating a final peace agreement, yet cautions against raising expectations for Kerry's latest round of shuttle diplomacy.
1:35PM ( 1 year ago )
U.S. News
Missing Ga. bank director arrested in Brunswick
A bank director accused of losing millions of investors' dollars before vanishing last year was arrested Tuesday during a traffic stop in a city in south Georgia.
7:00PM ( 1 year ago )
Amtrak to suspend some Crescent service in Jan., Feb.
Amtrak service will shut down in parts of the Southeast for several days in January and February for rail maintenance by Norfolk Southern Railway.
9:00AM ( 1 year ago )
Lung cancer scans urged for some smokers, not all
Certain current or former heavy smokers should start getting yearly scans for lung cancer to cut their risk of death from the nation's top cancer killer, government advisers said Monday - even as they stressed that the tests aren't for everyone.
7:26AM ( 1 year ago )
Business News
Sex offender held in Hall County for failing to register
A 47-year-old man was booked into the Hall County Jail Tuesday, being held without bond for allegedly failing to register as a sex offender, his second such arrest.
6:09PM ( 1 year ago )
Pharmacy robberies may involve same suspect
Oakwood Police Tuesday afternoon released details in a pharmacy robbery they're investigating, similar to one that happened in the Hall County Tuesday morning.
5:46PM ( 1 year ago )
Victim critical following apartment fire
A 41-year-old woman was in critical but stable condition Tuesday after being rescued from an apartment fire in Forsyth County late Monday afternoon.
3:16PM ( 1 year ago )
Local/State News
White House undergoes Thanksgiving Day lockdown after man draped in American flag jumps fence
WASHINGTON (AP) — A man draped in an American flag climbed over the fence at the White House on Thursday, prompting a lockdown as the first family celebrated Thanksgiving.The man was immediately appre...
10:11PM ( 1 hour ago )
Big balloons, heavy security for NYC Thanksgiving parade; St. Louis parade resumes
NEW YORK (AP) — Americans paused Thursday to celebrate their blessings despite terrorism fears and racial tensions over fatal police shootings across the country. A record number of police officers pa...
7:58PM ( 3 hours ago )
Shopping small, holiday spending on the rise
A local economist is encouraging holiday shoppers to take advantage of Small Business Saturday, the day after Black Friday.
5:51PM ( 5 hours ago )
Community groups provide Thanksgiving meals to residents in need
GAINESVILLE - Local organizations provide Thanksgiving meals, clothes and care packages to residents in need.
12:37PM ( 11 hours ago )
NE Ga.'s jobless rate drops to 5.4% for Oct.
The jobless rate for the Northeast Georgia region ticked down a bit in October, while the Gainesville metro remained flat, according to numbers released Thursday morning by the Georgia Department of Labor (GDOL).
By AccessWDUN staff
8:00AM ( 15 hours ago )