Applications for U.S. unemployment rise to 293K last week

Applications for U.S. unemployment rise to 293K

U.S. unemployment benefits increased last week

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by Christopher S. Rugaber | Detroit News | September 25, 2014

The number of people seeking U.S. unemployment benefits increased last week after falling sharply two weeks ago. Despite the rise, the level of applications remains near pre-recession levels, a sign that hiring will likely remain healthy.

Weekly unemployment benefit applications rose 12,000 to a seasonally adjusted 293,000, the Labor Department said Thursday. Yet the four-week average, a less volatile measure, fell for the second straight week to 298,500.

In Michigan, applications were down 2,473 due to fewer layoffs by wholesalers.

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