The number of Americans seeking unemployment benefits was mostly unchanged last week, evidence that the struggling economy isn’t generating many jobs. But Oregon saw claims drop by 1,050, one of 10 states to record a drop of more than 1,000.
The number of Americans seeking unemployment benefits was mostly unchanged last week, evidence that the struggling economy isn’t generating many jobs. Oregon, however, saw claims in the week ended June 18 drop by 1,050. It was one of 10 states to record a drop of more than 1,000, the Labor Department said.
Unemployment benefit applications for the week ending June 25 ticked down 1,000 to a seasonally adjusted 428,000, the Labor Department said Thursday.
Nationwide, applications have topped 400,000 for 12 straight weeks. Applications had fallen in February to 375,000, a level that signals sustainable job growth. They stayed below 400,000 for seven of nine weeks. But applications then surged to an eight-month high of 478,000 in April and have shown only modest improvement since that time.
Read more in today’s Oregonian.
