US unemployment claims fall to 335K last week

By: Associated Press
By: Associated Press

WASHINGTON (AP) -- The number of people seeking unemployment benefits last week fell by 8,000 to a seasonally adjusted 355,000; a possible sign of a healing job market. But officials cautioned that the figures were distorted by Superstorm Sandy.

Applications declined in one state because its unemployment office lost power during the storm and wasn't able to receive applications, a department spokesman said. The spokesman wouldn't identify the state.

The storm also pushed up applications in other states because those temporarily out of work sought benefits.

The Labor Department says that the four-week average of applications, a less volatile measure, rose 3,250 to 370,500.

If sustained, the decline in applications would be a good sign. Still, the storm could affect the figures for up to three to four weeks, the spokesman said.


Join the Conversation!

To comment, the following rules must be followed:

  • No Obscenity, Profanity, Vulgarity, Racism or Violent Descriptions
  • No Negative Community Comparisons
  • No Fighting, Name-calling, or Personal Attacks
  • Multiple Accounts are Not Allowed
  • Stay on Story Topic

Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.

Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Links require admin approval before posting.
Questions may be sent to webmaster@wvlt-tv.com. Please provide detailed information.

powered by Disqus

WVLT VOLUNTEER TV

6450 Papermill Drive Knoxville, TN 37919 Phone - (865) 450-8888; Fax - (865) 450-8869
Gray Television, Inc. - Copyright © 2014 WVLT-TV Inc. - Designed by Gray Digital Media - Powered by Clickability 177877281