Fewer People Sought Unemployment Aid Last Week

By: AP
By: AP

The number of people seeking unemployment benefits fell further in the final week of 2011, a positive sign for hiring one day ahead of Friday's December employment report.

The Labor Department says weekly applications dropped 15,000 to a seasonally adjusted 372,000 last week. It was the fourth drop in five weeks. The four-week average, which smooths fluctuations, declined to 373,250, the lowest level since June 2008.

When applications drop below 375,000 -- consistently -- they generally signal that hiring is strong enough to reduce the unemployment rate.

Applications have declined steadily over the past three months. The four-week average fell 11 percent in 2011, evidence that companies are laying off fewer workers. But many employers have been slow to add jobs.


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  • by Logic Al on Jan 5, 2012 at 09:46 AM
    Stop telling us that fewer people sought unemployment so more must be getting jobs and it's such a positive sign. Less people are seeking unemployment because many of them lost their unemployment benefits. That doesn't mean they got jobs. Start putting the unemployed to work as volunteers so that they can at least have some sort of work history while they are trying to find a paying job. There are lots of city cleanup and basic officework that can be done and employers might be likely to hire those workers when positions come open. It shouldn't be a free ride but these people who have been unemployed for 2 years are not having luck finding jobs becuase they don't have a recent work history or employer to reference.
  • by Paul Location: Colorado on Jan 5, 2012 at 08:34 AM
    nice story, but where is the rest of it?, like employers can not lay off any more workers and still keep the doors open, so fewer new filings. And about how many all ready on benefits have run out so are no longer counted. And I guess most important thing left out of this article is that this writer is a total BamBam supporter and would sell his / her soul to make him look like he is actually doing something.
  • by Me Location: Here on Jan 5, 2012 at 07:45 AM
    Or maybe other states have a system like Colorado.....one that will not allow you to talk to anyone to rectify any issues!!!! That would account for the decrease!
  • by a on Jan 5, 2012 at 07:27 AM
    The question is are people returning to the workforce or have they simply just ran out of there benefits
  • by a on Jan 5, 2012 at 07:26 AM
    The question is are people returning to the workforce or have they simply just ran out of there benefits
  • by a on Jan 5, 2012 at 07:26 AM
    The question is are people returning to the workforce or have they simply just ran out of there benefits
  • by a on Jan 5, 2012 at 07:26 AM
    The question is are people returning to the workforce or have they simply just ran out of there benefits
  • by a on Jan 5, 2012 at 07:25 AM
    The question is are people returning to the workforce or have they simply just ran out of there benefits
  • by a on Jan 5, 2012 at 07:25 AM
    The question is are people returning to the workforce or have they simply just ran out of there benefits
  • by a on Jan 5, 2012 at 07:25 AM
    The question is are people returning to the workforce or have they simply just ran out of there benefits
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