WKYT | Lexington, Kentucky | News

Total jobless rolls drop sharply

WASHINGTON (AP) - The total number of people on the unemployment
insurance rolls has dropped for the first time since early January,
while first-time claims for benefits rose slightly.
The Labor Department says the total unemployment insurance rolls
fell by 148,000 to 6.76 million, the largest drop in more than
seven years and a sign that layoffs are easing.
The drop also breaks a string of 21 straight increases, the last
19 of which were record-highs. A dip in continuing claims several
weeks ago was later revised higher.
The department also says initial claims rose 3,000 to 608,000,
above analysts' expectations. The four-week average, which smooths
fluctuations, fell 7,000 to 615,750.

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus


2851 Winchester Rd. Lexington, Ky 40509 859-299-0411 - switchboard 859-299-2727 - newsroom
Register for Email
RSS Feeds
Copyright © 2002-2015 - Designed by Gray Digital Media - Powered by Clickability 48483707 - wkyt.com/a?a=48483707
Gray Television, Inc.