clear
Wednesday May 25th, 2016 11:09AM

Jobless rate is lowest in 6 years; unemployment aid applications up slightly

By The Associated Press
WASHINGTON (AP) -- Hiring over the past five months has been the strongest since the late 1990s tech boom as the economy added 288,000 jobs in June and the unemployment rate fell to 6.1 percent from 6.3 percent. Meanwhile, first-time claims for unemployment insurance are up slightly.<br /> <br /> The Labor Department says those gains follow additions of 217,000 jobs in May and 304,000 in April, figures that were both revised upward.<br /> <br /> The economy has added more than 200,000 jobs in each of the past five months, a streak it last matched during the 1999-2000 tech boom. It's a sign that the sluggish half-decade recovery from the Great Recession is finally building momentum.<br /> <br /> Monthly job gains so far this year have averaged 230,833, up from 194,250 in 2013.<br /> <br /> The unemployment rate dipped last month to its lowest level since September 2008.<br /> <br /> FIRST-TIME UI CLAIMS <br /> <br /> The number of Americans filing applications for unemployment benefits edged up slightly last week but remained at a level that indicated a healthy labor market.<br /> <br /> The Labor Department says weekly unemployment benefit applications rose by 2,000 to 315,000. The four-week average, which smooths out week-to-week volatility, was essentially unchanged at 315,000.<br /> <br /> The average has fallen by 9 percent since the beginning of this year. Unemployment benefit applications are a proxy for layoffs, so the declines indicate that companies are cutting fewer jobs
© Copyright 2016 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Judge denies motions to move, delay Tsarnaev trial
Lawyers for Boston Marathon bombing suspect Dzhokhar Tsarnaev asked a federal appeals court Wednesday to overturn a judge's decision to not move his upcoming trial out of state.
10:02PM ( 1 year ago )
High court to adopt electronic filing of cases
The Supreme Court is belatedly developing an electronic filing system similar to those used in courts around the country, Chief Justice John Roberts said Wednesday in his annual end-of-year report.
7:57PM ( 1 year ago )
Storm brings snow, cold to West for New Year's
A blustery winter storm dumped snow and ice across the West on Wednesday, making driving treacherous in the mountains from California to the Rockies and forcing residents and party-goers in some usually sun-soaked cities to bundle up for a frosty New Year's.
5:19PM ( 1 year ago )
U.S. News
State DOT awards $48M contract for NE Ga. road project
The state Department of Transportation has awarded a $47.8 million contract for nine miles of work on a northeast Georgia road.
9:37AM ( 1 year ago )
Business News
Grass fire impacts rush hour traffic on 985
Rush hour traffic on I-985 was slowed by a grass fire Wednesay afternoon with one lane closed while firefighters fought the blaze.
10:19PM ( 1 year ago )
Hall County conviction, sentencing to be reviewed by SCOGA
The State Supreme Court has agreed to hear the appeal of a Hall County man when they reconvene in January.
2:37PM ( 1 year ago )
Maysville man dies from Banks County wreck
The Georgia State Patrol reports that alcohol and/or drugs were factors a single-vehicle wreck that claimed the life of a Maysville man in Banks County Tuesday night.
11:07AM ( 1 year ago )
Local/State News
Hunter finds human skull near Auburn; search for bones planned
​Sheriff's officials in Gwinnett County said they're searching an area near the town of Auburn for bones after a hunter found a skull.
10:33AM ( 36 minutes ago )
Trump, Clinton win Washington state's presidential primaries
Democratic front-runner Hillary Clinton and presumptive Republican nominee Donald Trump each won primaries in Washington state Tuesday
7:49AM ( 3 hours ago )
Higgins wins Hall County Commission chairmanship, incumbent commissioners take GOP primaries
While the vote totals haven't been certified yet, it is clear that the race for the chairman's seat on the Hall County Commission was a close one.
By AccessWDUN Staff
5:59AM ( 5 hours ago )
Collins has no problem with four challengers, easily wins third term in Washington
Despite being challenged by four other Republicans, Doug Collins of Gainesville handily won re-election as Georgia's Ninth District Congressman in Tuesday's General Primary.
10:30PM ( 12 hours ago )
UPDATE: Isakson wins GOP primary, will compete for third US Senate term against Democrat Barksdale
U.S. Sen. Johnny Isakson, who crushed two long-shot challengers to earn a bid for a third term, will face Democrat and political newcomer Jim Barksdale in November race
By Associated Press
10:08PM ( 13 hours ago )