U.S. Unemployment Applications Drop to 358,000 - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

U.S. Unemployment Applications Drop to 358,000

Posted:
(Photo: MGN) (Photo: MGN)

WASHINGTON (AP)- Applications for US unemployment benefits dropped 15,000 to a seasonally adjusted 358,000 last week, though the figure was distorted for the second straight week by California's efforts to clear backlogged claims.
 
The Labor Department says the less volatile four-week average rose 11,750 to 336,500.
 
Applications have jumped in the past two weeks, distorted by computer upgrades in two states and the 16-day partial government shutdown. Prior to those unusual factors, claims had reached pre-recession levels, a sign that companies are cutting very few workers.
 
California and Michigan continued to sift through backlogged claims held up by computer changes. Furloughed private-sector workers drove up applications by 15,000 two weeks ago. About 70,000 furloughed federal employees also sought benefits in the week ending Oct. 5, although those workers aren't included in the overall totals.
 
A government spokesman didn't say how the furloughs affected last week's figures.
 
The government opened for business on Thursday. Federal employees who receive back pay will likely have to reimburse the government if they claimed unemployment benefits during the two-week shutdown, although the law varies by state.
 
Before the government shutdown and California's backlog, applications had been trending lower and fell to a six-year low three weeks ago, thought that figure was pushed lower by California's delays.
 
Falling applications for unemployment benefits are typically followed by more hiring. But so far, there haven't been many signs of that happening.
 
The shutdown has delayed a raft of government data, including September's employment report. And it will likely affect hiring and weigh on the economic growth in the October-December quarter.
 
Several economists have cut their forecasts for fourth-quarter growth by half a percentage point to about 2 percent or lower.

  • Most Popular StoriesMost Popular StoriesMore>>

  • Three Men Convicted in Sharptown Shootout

    Three Men Convicted in Sharptown Shootout

    07/27/2017 14:11:00 -04:002017-07-27 18:11:00 GMT
    Thursday, July 27 2017 2:42 PM EDT2017-07-27 18:42:10 GMT
     Bryan Blake, Jeffrey Whitten, Logan Littleon; Photo Credit: Wicomico County Sheriff's Office Bryan Blake, Jeffrey Whitten, Logan Littleon; Photo Credit: Wicomico County Sheriff's Office
    Three men have been convicted and sentenced in connection with a 2016 shootout in at Cherry Beach Park in Sharptown, Maryland.More
    Three men have been convicted and sentenced in connection with a 2016 shootout at Cherry Beach Park in Sharptown, Maryland.More
  • Intersection Changes Cause Relief and Concern

    Intersection Changes Cause Relief and Concern

    07/27/2017 23:49:00 -04:002017-07-28 03:49:00 GMT
    Thursday, July 27 2017 11:49 PM EDT2017-07-28 03:49:38 GMT
    GEORGETOWN, Del. - The addition of two stop signs to Springfield Road and Gravel Hill Road in Georgetown is a welcome change to many in the area...for the most part. A number of people say that more warning is needed for the stop signs, as drivers have bMore
    GEORGETOWN, Del. - The addition of two stop signs to Springfield Road and Gravel Hill Road in Georgetown is a welcome change to many in the area...for the most part. A number of people say that more warning is needed for the stop signs, as drivers have bMore
  • Woman Wanted for Alleged Identity Theft

    Woman Wanted for Alleged Fraud

    Thursday, July 27 2017 4:52 PM EDT2017-07-27 20:52:10 GMT
    Thursday, July 27 2017 4:52 PM EDT2017-07-27 20:52:10 GMT
    This woman is wanted in connection to fraud.This woman is wanted in connection to fraud.
    Detectives from the Salisbury Police Department are working with the Kent County Sheriff's Office to try to identify a woman who is believed to be involved with identity theft.More
    Detectives from the Salisbury Police Department are working with the Kent County Sheriff's Office to try to identify a woman who is believed to be involved with identity theft.More
Powered by Frankly

All content © Copyright 2000 - 2017 WBOC. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices