Transport Topics Online  
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
4/10/2014 8:35:00 AM Write a Letter to the Editor Write a letter to the Editor

Weekly Jobless Claims Decline to Lowest Level Since 2007


Luke Sharrett/Bloomberg News

Jobless claims fell by 32,000 last week to 300,000 — the lowest since May 2007, the Labor Department reported April 10.

Fewer dismissals will help pave the way for a pickup in hiring as demand recovers from harsh winter weather, providing a bigger boost to the economy.

The prior week’s claims were revised up to 332,000 from an initial reading of 326,000.

The four-week average of claims, a less-volatile measure than the weekly figure, fell to 316,250, the lowest since the late September, from 321,000 the week before.

The number of people continuing to receive jobless benefits decreased by 62,000 to 2.78 million in the previous week ended March 29, the lowest since January 2008.

By Transport Topics
Bloomberg News contributed to this story.

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2014, Transport Topics Publishing Group. All rights reserved.


  RELATED ARTICLES

 
LATEST NEWS



 
LATEST JOBS
Follow Us

Newsletters

TTExpress
This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.

Services

Advertising

TFM

EMU
iTech
© American Trucking Associations, Inc., All Rights Reserved TTNews.com Privacy Statement