US jobless benefit applications fell by 14,000 last week
WASHINGTON (AP) — The number of people seeking unemployment benefits declined slightly last week but still remained elevated as hurricane disruptions impacted layoffs for a second week.
THE NUMBERS: Applications for jobless benefits dropped by 14,000 to a seasonally adjusted 284,000 last week after surging to 298,000 the previous week, the Labor Department reported Thursday. The previous week's increase of 62,000 had pushed claims to the highest level in two years.
The less volatile four-week average for claims rose to 263,250 last week, the highest level in a year.