ON AIR NOW

Dennis Beverly
Dennis Beverly
The Midday Program
10:00am - 12:00pm
National News

 

WASHINGTON (AP) — More Americans applied for unemployment benefits last week, but the totals stayed near historic lows in a sign that the recent slowdown in growth has yet to spark layoffs.

 

Unemployment

 

The Labor Department says weekly applications for jobless aid rose 17,000 to a seasonally adjusted 274,000. The four-week average, a less volatile measure, edged up to 258,000, close to the 42-year low achieved two weeks ago.

 

With relatively few people seeking unemployment benefits, it appears as though employers are unworried about recent sluggish growth. The economy expanded an annual pace of just 0.5 percent in the first quarter, the weakest pace in two years.

 

The figures point to job growth in Friday's employment report. Economists forecast that employers added 200,000 jobs in April, while the unemployment rate remained 5 percent.

 




Delay Information


Visitor Polls
Do you have a savings account to cover unexpected bills?


On Facebook

On Twitter


On Air This Week...

 

 

Join WKTN starting at 8AM Sunday as we play the Best of Contemporary Music on WKTN.

 

The church of the month worship service starts at 10:30 Sunday mornings on WKTN.