Jobless Claims Drop To 400,000
WASHINGTON, Aug. 4 (UPI) — First-time jobless benefit claims dropped to 400,000 in the week ending Saturday with 1,000 fewer claims than the previous week, the Labor Department said.
The four-week rolling average for claims filed was 407,750, a drop of 6,750 from the previous revised average, the department said Thursday.
In the week ending July 23, there were 18 states where initial claims for unemployment benefits decreased by at least 1,000.
In California, 23,689 fewer claims were filed. In New York, 8,035 fewer claims were filed. North Carolina had the third largest decline with 7,511 fewer filings.
Nationally, the unemployment rate in June was 9.2 percent. The Labor Department issues its closely-watched monthly employment situation report Friday.
UPI - United Press International, Inc. Since 1907, United Press International (UPI) has been a leading provider of critical information to media outlets, businesses, governments and researchers worldwide.
Join the Discussion:
View Comments to “Jobless Claims Drop To 400,000”
Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.
Is there news related to personal liberty happening in your area? Contact us at firstname.lastname@example.org