Unemployment Up

The number of laid-off workers filing claims for unemployment benefits rose by a larger-than-expected amount last week.

The Labor Department says the number of applications for jobless benefits jumped by 20,000 to 339,000, the highest total in a month.

The increase was double what economists had been expecting.

It partly reflects the impact of the California wildfires and a writers' strike, which has shut down a lot of TV production.

The increase occurred after three consecutive weekly declines.

The four-week average for claims remained unchanged at 330,000.


You must be logged in to post comments.

Username:
Password (case sensitive):
Remember Me:
23 WIFR 2523 North Meridian Road Rockford, IL. 61101 Business: 815-987-5300 Fax: 815-965-0981 News: 815-987-5330 Fax: 815-987-5333
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 11358261 - wifr.com/a?a=11358261
Gray Television, Inc.