mcloudyn.png
Sunday December 15th, 2019 9:23PM

Applications for US jobless aid tick down to 238,000

By The Associated Press
Related Articles
  Contact Editor

WASHINGTON (AP) — Fewer people sought U.S. unemployment benefits last week, a sign of strength in the job market.

The Labor Department says weekly applications for unemployment aid slipped 2,000 to a seasonally adjusted 238,000. That's near a four-decade low that was reached last month. The four-week average, a less volatile measure, increased 2,250 to 242,250.

Applications are a proxy for layoffs. Any figure below 300,000 indicates that hiring is likely healthy and employers are confident enough in future demand to keep their workers.

The data echo other evidence that the economic recovery from the Great Recession remains strong in its eighth year. The unemployment rate has fallen to a 17-year low of 4.1 percent, and growth reached 3.3 percent at an annual rate in the July-September quarter, the fastest in three years.

  • Associated Categories: U.S. News, Business News, Local/State News, Associated Press (AP), AP Business, Submitted News, AP Business - Economy
© Copyright 2019 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Trial focused on shooting despite spotlight on immigration
Though the 2015 shooting death of Kate Steinle became a flashpoint in an intense national debate over immigration, the issue was never addressed inside the courtroom where a jury acquitted a Mexican national in the killing
7:10AM ( 1 minute ago )
Senate GOP hustles to meet tax bill holdouts' demands
Senate Republicans are stepping quickly to meet competing demands of holdout GOP senators for a tax overhaul package expected to add $1 trillion to the nation's deficit over 10 years. The Republicans eye a crucial final vote Friday on the Senate bill.
4:03AM ( 3 hours ago )
Opponents in LGBT case agree: It's not about wedding cake
Opposing sides in LGBT case coming before Supreme Court agree: It's not about wedding cake
3:26AM ( 3 hours ago )
U.S. News
Consumer spending rose solid 0.3 percent in October
Consumers boosted spending by a solid 0.3 percent in October, while their incomes grew by 0.4 percent
10:43PM ( 8 hours ago )
Braselton welcomes Great American Cookie/Marble Slab Creamery
Braselton’s Buy Local campaign welcomed Great American Cookie/ Marble Slab Creamery with a ceremonial ribbon cutting recently.
10:35AM ( 20 hours ago )
Business News
Part of downtown Gainesville street to be closed Saturday
The Hall County Courthouse is getting a new roof and that's going to require closing part of one downtown street for about 12 hours Saturday.
6:00AM ( 1 hour ago )
Habersham men charged in Sautee area home burglaries
Two men have been arrested in connection with several burglaries in White County. 
4:26AM ( 2 hours ago )
Police: Man lured to Oakwood, kidnapped
The victim spotted police officers in Gainesville and sought help.
2:25AM ( 4 hours ago )
Local/State News
Prince Harry, Meghan Markle greet fans in English city
Prince Harry and his fiancee, Meghan Markle, are taking part in their first official visit together, choosing to raise awareness of HIV/AIDS with a visit to a youth project in Nottingham
6:49AM ( 23 minutes ago )
Prince Harry, Meghan Markle on first official joint tour
Prince Harry and his fiancee, Meghan Markle, are taking part in their first official visit together, choosing to raise awareness of HIV/AIDS with a visit to a youth project in Nottingham
6:39AM ( 32 minutes ago )
UN court orders independent review after ex-general's death
The United Nations' Yugoslav war crimes tribunal on Friday ordered an independent review into its "internal operations" around the dramatic death of a Croat ex-general who swallowed what he said was poison in the tribunal's courtroom and later died
6:39AM ( 33 minutes ago )
Associated Press (AP)
10 Things to Know for Today
Among 10 Things to Know: New Senate tax bill comes down to the wire; Secretary of State Rex Tillerson could be ousted; U.S. companies are selling a highly-pollutant oil refining by-product as fuel to energy-hungry countries like India.
6:01AM ( 1 hour ago )
EU official in Ireland as border issue bedevils Brexit talks
European Council leader Donald Tusk due to meet Ireland's prime minister in Dublin, with the status of the Irish border threatening to derail divorce talks between the EU and Britain
5:50AM ( 1 hour ago )
China criticizes US opposition to WTO market economy status
China has criticized U.S. opposition to granting Beijing the status of a market economy in the World Trade Organization as reminiscent of the Cold War
5:43AM ( 1 hour ago )
AP Business
Gainesville small businesses stick to personal service, unique items to attract holiday shoppers
Now that Black Friday is in the rear view mirror, small business owners are hoping holiday shoppers will turn their attention to mom and pop stores for Small Business Saturday.
9:09AM ( 5 days ago )
Jackson County Community Outreach Award Banquet is Dec. 9
The Jackson County Community Outreach will sponsor its 19th Annual Achievement Award Banquet fundraiser December 9 at the Jefferson Civic Center.
4:00PM ( 6 days ago )
Clarkesville man reappointed to state board
A Habersham County man has been named to a new term on the Georgia Superior Court Clerks Cooperative Authority.
9:00PM ( 1 week ago )
Submitted News
Asian stocks mostly higher following tech recovery, oil deal
Asian stocks mostly higher following tech recovery, oil producers' deal
1:47AM ( 5 hours ago )
Asian stocks mostly higher following tech recovery, oil deal
Asian stocks mostly higher following tech recovery, oil producers' deal
10:42PM ( 8 hours ago )
GOP pressing plan to avert government shutdown on Dec. 8
House Republican leaders are looking to pass a short-term spending bill to avoid a government shutdown next week and keep the government's doors open through Dec. 22
6:51PM ( 12 hours ago )
AP Business - Economy
Trial focused on shooting despite spotlight on immigration
Though the 2015 shooting death of Kate Steinle became a flashpoint in an intense national debate over immigration, the issue was never addressed inside the courtroom where a jury acquitted a Mexican national in the killing
7:10AM ( 1 minute ago )
Senate GOP hustles to meet tax bill holdouts' demands
Senate Republicans are stepping quickly to meet competing demands of holdout GOP senators for a tax overhaul package expected to add $1 trillion to the nation's deficit over 10 years. The Republicans eye a crucial final vote Friday on the Senate bill.
4:03AM ( 3 hours ago )
Opponents in LGBT case agree: It's not about wedding cake
Opposing sides in LGBT case coming before Supreme Court agree: It's not about wedding cake
3:26AM ( 3 hours ago )
Colleges review honors amid sexual misconduct allegations
Some U.S. universities are reviewing whether to revoke honorary degrees given to prominent men accused of sexual misconduct
3:16AM ( 3 hours ago )
Attack siren brings back Cold War-era memories in Hawaii
Hawaii is reinstating the system intended to warn people of an impending nuclear strike just days after North Korea launched its most powerful missile yet
3:15AM ( 3 hours ago )