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US unemployment aid applications up to 336,000

Ina Ronquillo

US unemployment aid applications up to 336,000

By Ina Ronquillo. CREATED Aug 22, 2013

WASHINGTON (AP) - The number of Americans seeking unemployment benefits rose 13,000 last week to a seasonally adjusted 336,000, but the level remains consistent with solid job gains.

The Labor Department says the four-week average, which smooths week to week fluctuations, fell for the sixth week in a row to 330,500. That's the lowest for the average since November 2007.

Companies are cutting fewer workers, a sign that many could step up hiring. Weekly applications have fallen 10 percent since January.

Applications for unemployment benefits generally reflect layoffs. At the depths of the recession in March 2009, they numbered 670,000. They have fallen steadily ever since.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Ina Ronquillo

Ina Ronquillo

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Ina is a Southern Arizona native. She graduated from Nogales High School and then received her Bachelor of Arts from the University of Arizona with a double major in Media Arts and Communication.