Weekly US unemployment benefit applications fall 27,000 to 341,000, sign hiring may pick up - InfoNews

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Weekly US unemployment benefit applications fall 27,000 to 341,000, sign hiring may pick up

In this Tuesday, Jan. 22, 2013 photo, an unidentified woman answers questions on a job application at a job fair in Sunrise, Fla. The Labor Department reports on the number of Americans who applied for unemployment benefits for the first time in the last week, on Thursday, Feb. 14, 2013. (AP Photo/J Pat Carter)
February 14, 2013 - 5:41 AM

WASHINGTON - The number of people seeking U.S. unemployment benefits fell by 27,000 last week, an indication that hiring could improve.

The Labor Department says weekly applications dropped to a seasonally adjusted 341,000, the lowest level in three weeks. The four-week average, a less volatile measure, rose to 352,500, after reaching a five-year low two weeks ago.

The huge snowstorm that hit the Northeast this weekend seems to have had little impact on the data. The report covers the week ended Feb. 9, before the storm hit.

A department spokesman said Connecticut was unable to report data to the federal government earlier this week because state offices were closed after the storm. Illinois also didn't provide data, so both states' figures were estimated by the Labor Department.

News from © The Associated Press, 2013
The Associated Press

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