clear
Wednesday May 6th, 2015 12:36PM

Applications for unemployment aid fall to 298K

By The Associated Press
WASHINGTON (AP) -- Fewer people applied for U.S. unemployment benefits last week, another sign the job market is improving.<br /> <br /> The Labor Department said Thursday that weekly claims for jobless aid fell 14,000 last week to a seasonally adjusted 298,000. The prior week's figures were revised up slightly to 311,000.<br /> <br /> The less-volatile four-week average rose 4,750 to 300,750. It remains close to levels that predate the Great Recession of 2007-2009.<br /> <br /> Applications are a proxy for layoffs.<br /> <br /> Employers aren't just keeping workers. They're hiring at a pace last seen during the tech boom. They added 209,000 jobs in July, the sixth straight month that job gains exceeded 200,000. The economy has generated 244,000 new jobs a month since February.<br /> <br /> The recent hiring has encouraged more people to look for work, causing July's unemployment rate to rise to 6.2 percent from 6.1 percent in June. The government counts only people searching for jobs as unemployed.<br /> <br /> Hiring has yet to boost wages by much. Wage growth has slightly outpaced inflation since the recession ended more than five years ago.
© Copyright 2015 AccessNorthGa.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 This material may not be published, broadcast, rewritten, or redistributed without permission.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 ( 4 months 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 ( 4 months 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 ( 4 months 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 ( 4 months 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 ( 4 months 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 ( 4 months 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 ( 4 months ago )
Local/State News
Fire destroys Jackson Co. home
A Jackson County family lost everything in a house fire Tuesday afternoon, according to EMS Director Steve Nichols.
11:59AM ( 37 minutes ago )
Barnard, Mills re-elected chair, vice chair of Parole Board
The Georgia State Board of Pardons and Parole announced Tuesday that Terry E. Barnard was re-elected as chairman and James Mills of Hall County as vice chairman for 2016
By Associated Press
11:15AM ( 1 hour ago )
Survey: Hiring by US businesses slows sharply in April
WASHINGTON (AP) — U.S. companies hired in April at the slowest pace in nearly a year and a half, a private survey found, as the strong dollar dragged down overseas sales and energy companies cut back...
9:41AM ( 2 hours ago )
Body located on Britt Whitmire Road in Hall County
Hall County authorities are investigating after a body was located Tuesday night in north Hall.
11:32PM ( 13 hours ago )
Demorest probe 'largely ruled out computer errors or external thefts'
The results of an independent investigation into the theft of hundreds of thousands of dollars from the City of Demorest soon will be presented to city, county and state officials.
11:03PM ( 13 hours ago )