FOXNews.com: US unemployment benefit applications fall to 343K

Changes are afoot at Blogtrottr! By popular request, we're bringing in paid plans with some cool new features (and more on the way). You can read all about it in our blog post.

FOXNews.com FOX News Network - We Report. You Decide. // via fulltextrssfeed.com

US unemployment benefit applications fall to 343K Jul 3rd 2013, 12:41 The number of Americans seeking unemployment benefits fell 5,000 to a seasonally adjusted 343,000 last week, a sign that layoffs remain low and companies are adding a modest number of jobs. The Labor Department says the four-week average, a less volatile figure, dipped just 750 to 345,500. The average has fallen 9 percent in the past year. Weekly applications for unemployment benefits are a proxy for layoffs. Since March, they have fluctuated roughly between 340,000 and 360,000, a level consistent with steady hiring. On Friday, the government will issue its June jobs report. Economists forecast that it will show employers added 165,000 jobs, slightly below the 175,000 gain in May. The unemployment rate likely ticked down to 7.5 percent from 7.6 percent.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions