Thursday, March 5, 2015
FAIRFIELD-SUISUN, CALIFORNIA
99 CENTS

Fewer Americans applying for jobless aid

By
From page B11 | June 20, 2014 |

WASHINGTON — Fewer Americans sought unemployment benefits last week, as the number of people collecting jobless aid fell to its lowest level in more than six years.

The Labor Department said Thursday that weekly applications for unemployment benefits fell 6,000 to a seasonally adjusted 312,000. The four-week average, a less volatile measure, declined to 311,750.

There are 2.56 million people receiving benefits. That’s the lowest total since October 2007, about two months before the recession began.

Jennifer Lee, a senior economist at BMO Capital Markets, said the report in a “blinding glimpse of the obvious “_is clearly “good news.”

Applications are a proxy for layoffs, so the relatively low number of people seeking benefits shows that employers are letting go of fewer workers. When businesses are confident enough to keep staff, they may also hire more workers. Job gains should feed stronger economic growth.

Earlier this month, the Labor Department said employers added a solid 217,000 jobs in May.

Monthly job gains have averaged 234,000 for the past three months, up sharply from 150,000 in the previous three. The unemployment rate, which is derived from a separate survey, remained at 6.3 percent in May. That’s the lowest rate in more than five years.

The data in Thursday’s unemployment benefits report overlaps with the survey for the June jobs report. The low level of applications would suggest similarly strong hiring this month, Lee said.

The steady gains after the economy shrank during the first three months of the year because of the winter weather— point to faster growth ahead.

Gross domestic product fell 1 percent in the first three months of 2013. Many economists expect that number could be further revised downward, while growth returns as warmer weather has generated more hiring and consumer spending.

 

The Associated Press

The Associated Press

LEAVE A COMMENT

Discussion | No comments

The Daily Republic does not necessarily condone the comments here, nor does it review every post. Read our full policy

  • Recent Articles

  • Enter your email address to subscribe and receive notifications of new posts by email.

  • .

    Solano News

     
    Show resilience in the face of adversity

    By Mayrene Bates | From Page: A2

     
    Real McCoy II Ferry set for maintenance

    By Kevin W. Green | From Page: A3

    Vacaville police slate annual awards ceremony

    By Kevin W. Green | From Page: A3

     
    Limited damage to apartment from carport fire

    By Kevin W. Green | From Page: A3 | Gallery

    Students sample industry choices during school career fair

    By Glen Faison | From Page: A3 | Gallery

     
     
    National Red Cross Month celebrates heroes

    By Susan Hiland | From Page: A4

    Il Fiorello schedules citrus class

    By Susan Hiland | From Page: A4, 1 Comment

     
    Jury convicts ex-con who served as own lawyer

    By Jess Sullivan | From Page: A4

    Red Carpet Gala to benefit theater foundation

    By Amy Maginnis-Honey | From Page: A4

     
    Pet remembrance event set in Vallejo

    By Amy Maginnis-Honey | From Page: A4

     
    Friday concert benefits Families Helping Families

    By Amy Maginnis-Honey | From Page: A4

     
    Vallejo police arrest 4 in connection with 3 killings

    By Kevin W. Green | From Page: A4

     
    Suisun City police log: Tuesday, March 3, 2015

    By Susan Hiland | From Page: A10

    Fairfield police log: Tuesday, March 3, 2015

    By Susan Hiland | From Page: A10

     
    .

    US / World

     
    Justices sharply divided over health care law subsidies

    By The Associated Press | From Page: A1

    ‘It was him': Defense admits Tsarnaev bombed Boston Marathon

    By The Associated Press | From Page: A1

     
    California lawmaker pushes child care worker vaccinations

    By The Associated Press | From Page: A4

     
    Children in Southern California breathing easier, study says

    By The Associated Press | From Page: A4 | Gallery

    Failures by 3 governments preceded homeless man’s death

    By The Associated Press | From Page: A4 | Gallery

     
    Second Los Angeles hospital reports ‘superbug’ infections

    By The Associated Press | From Page: A4

    Obama signs Homeland Security funding bill into law

    By The Associated Press | From Page: A5, 1 Comment

     
    House panel issues subpoena for Clinton’s personal emails

    By The Associated Press | From Page: A5

     
    Feds: Evidence backs Ferguson officer’s account in shooting

    By The Associated Press | From Page: A5

    A defiant Alabama regains ground against gay marriage

    By The Associated Press | From Page: A5

     
    How much sugar is in that? 7 foods with added sugar

    By The Associated Press | From Page: A5 | Gallery

     
    Microsoft co-founder says he found sunken Japan WWII warship

    By The Associated Press | From Page: A6

     
    Coal mine blast kills at least 24 in war-torn east Ukraine

    By The Associated Press | From Page: A6 | Gallery

    .

    Living

    Today in History: March 5, 2015

    By The Associated Press | From Page: A2

     
    Community Calendar: March 5, 2015

    By Susan Hiland | From Page: A2

    Horoscopes: March 5, 2015

    By Holiday Mathis | From Page: A9

     
    I can’t tell if I still want to be married, or just don’t want to be alone

    By Kathy Mitchell and Marcy Sugar | From Page: A9

    .

    Entertainment

    DiCaprio partners with Netflix for series of documentaries

    By The Associated Press | From Page: B4

     
    ‘Guardians of the Galaxy’ tops MTV Movie Awards nominations

    By The Associated Press | From Page: B4

    Glen Campbell children fighting wife’s control of affairs

    By The Associated Press | From Page: B4 | Gallery

     
    .

    Sports

     
    Posey has 2-run double in Giants’ 9-2 loss to A’s

    By The Associated Press | From Page: B1

     
    Local report: Vanden softball slips by Rodriguez with late run

    By Daily Republic staff | From Page: B1

    Curry shoots Warriors to 102-93 victory over Bucks

    By The Associated Press | From Page: B1

     
    Prosecutors can’t bring up Florida shooting in ex-NFLer case

    By The Associated Press | From Page: B2

    Vikings agree to trade Cassel to Bills

    By The Associated Press | From Page: B2

     
    Scott opens a season of change at Doral

    By The Associated Press | From Page: B2

    ‘It WAS him': Defense admits Tsarnaev bombed Boston Marathon

    By The Associated Press | From Page: B2

     
    With Peterson’s status in question, Vikings pay a visit

    By The Associated Press | From Page: B2

    NFL stadium supporters in LA suburb file ballot paperwork

    By The Associated Press | From Page: B2

     
    Alex Johnson, AL batting champ in 1970, dies at age 72

    By The Associated Press | From Page: B2

    Goodell: NFL responsible for Super Bowl seating problems

    By The Associated Press | From Page: B2

     
    Former player Nate Jackson calls for NFL to allow marijuana

    By The Associated Press | From Page: B2

    Phoenix to install tire barriers before NASCAR visit

    By The Associated Press | From Page: B2

     
    Pirelli sticks with same tire choices for first 4 F1 races

    By The Associated Press | From Page: B2

    AP Source: Peyton Manning returning for 18th NFL season

    By The Associated Press | From Page: B2

     
    NCAA reports big jump in home runs with new flat-seam ball

    By The Associated Press | From Page: B2

    MLS, players agree in principle to 5-year deal

    By The Associated Press | From Page: B2

     
    .

    Business

    .

    Obituaries

    Aaron D. Malave

    By Nancy Green | From Page: A4

     
    Thelma A. Roche

    By Nancy Green | From Page: A4

    Cesar Luis Garcia-Regalado

    By Susan Hiland | From Page: A4

     
    Rodolfo Landabora Porquez

    By Susan Hiland | From Page: A4, 1 Comment

    .

    Comics

    Sally Forth

    By Daily Republic Syndicated Content | From Page: A8

     
    Peanuts

    By Daily Republic Syndicated Content | From Page: A8

    Pickles

    By Daily Republic Syndicated Content | From Page: A8

     
    Baldo

    By Daily Republic Syndicated Content | From Page: A8

    Dilbert

    By Daily Republic Syndicated Content | From Page: A8

     
    Baby Blues

    By Daily Republic Syndicated Content | From Page: A8

    Beetle Bailey

    By Daily Republic Syndicated Content | From Page: A8

     
    Frank and Ernest

    By Daily Republic Syndicated Content | From Page: A8

    B.C.

    By Daily Republic Syndicated Content | From Page: A8

     
    Garfield

    By Daily Republic Syndicated Content | From Page: A8

    Rose is Rose

    By Daily Republic Syndicated Content | From Page: A8

     
    For Better or Worse

    By Daily Republic Syndicated Content | From Page: A8

    Zits

    By Daily Republic Syndicated Content | From Page: A8

     
    Blondie

    By Daily Republic Syndicated Content | From Page: A8

    Wizard of Id

    By Daily Republic Syndicated Content | From Page: A8

     
    Get Fuzzy

    By Daily Republic Syndicated Content | From Page: A8

    Sudoku

    By Daily Republic Syndicated Content | From Page: A9

     
    Cryptoquote

    By Daily Republic Syndicated Content | From Page: A9

    Crossword

    By Daily Republic Syndicated Content | From Page: A9

     
    Bridge

    By Daily Republic Syndicated Content | From Page: A9

    Word Sleuth

    By Daily Republic Syndicated Content | From Page: A9