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API wants desks cleared of LNG export plans
WASHINGTON, Aug. 2 (UPI) -- First-time jobless claims rose by 8,000 in the week ending Saturday, the U.S. Labor Department said.
The weekly report issued Thursday said there were 365,000 initial claims in the week.
The four-week rolling average was also 365,000, down by 2,750 from the previous week, the department reported.
The largest increases in initial claims for the week ending July 21 were in Kentucky (up by 4,073), Vermont (up by 236) and Puerto Rico (up by 48). The largest decreases were in California (down by 32,107), New York (down by 15,615) and North Carolina (down by 12,448).
The U.S. unemployment rate is 8.2 percent. After rising 0.1 of a percentage point from April to May, it remained unchanged in June on the addition of 80,000 jobs.
The unemployment rate will be updated Friday with the release of July's employment situation report.
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| Additional Business News Stories | |
BUENOS AIRES, May 21 (UPI) --
To the joy of neighboring rivals, Argentina's beef exports are dwindling and traders blame government policies.
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MUSCAT, Oman, May 21 (UPI) --
The Persian Gulf sultanate of Oman is set to buy a $2.1 billion missile system built by the U.S. Raytheon Co. as part of a U.S. drive to install a coordinated air-defense system linking the region's Arab monarchies to counter Iran.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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