Wednesday, April 16, 2014
YOLO COUNTY NEWS
99 CENTS

Unemployment aid applications drop to 358,000

WASHINGTON (AP) — Applications for U.S. unemployment benefits dropped 15,000 to a seasonally adjusted 358,000 last week, though the figure was distorted for the second straight week by California’s efforts to clear backlogged claims.

The partial government shutdown also likely boosted the total, as government contractors and other businesses furloughed employees. The Labor Department says the less volatile four-week average rose 11,750 to 336,500.

Applications have jumped in the past two weeks, distorted by computer upgrades in two states and the 16-day shutdown. Prior to those unusual factors, claims had reached pre-recession levels, a sign that companies are cutting very few workers.

“Once the special factors are weeded out, and businesses carry on as best they can, we should continue to see moderate job growth,” said Jennifer Lee, an economist at BMO Capital Markets.

California and Michigan continued to sift through backlogged claims held up by computer changes. Furloughed private-sector workers drove up applications by 15,000 two weeks ago. About 70,000 furloughed federal employees also sought benefits in the week ending Oct. 5, although those workers aren’t included in the overall totals.

About 3.9 million Americans received benefits in the week ended Sept. 28, the latest data available. That’s about 83,000 fewer than the previous week. A year ago, 5 million people were receiving aid.

The government opened for business on Thursday. Federal employees who receive back pay will likely have to reimburse the government if they claimed unemployment benefits during the two-week shutdown, although the law varies by state.

Before the government shutdown and California’s backlog, applications fell to a six-year low three weeks ago, thought that figure was pushed lower by California’s delays.

Falling applications for unemployment benefits are typically followed by more hiring. But so far, there haven’t been many signs of that happening.

The shutdown has delayed a raft of government data, including September’s employment report. And it will likely affect hiring and weigh on the economic growth in the October-December quarter.

Several economists have cut their forecasts for fourth-quarter growth to an annual rate of about 2 percent, half a percentage point lower than their previous estimates.

————

By Christopher S. Rugaber, AP economics writer

The Associated Press

LEAVE A COMMENT

Discussion | No comments

The Davis Enterprise does not necessarily condone the comments here, nor does it review every post. Read our full policy

.

News

 
‘Eco-Heroes’ help get us from here to there

By Special to The Enterprise | From Page: A1, 2 Comments | Gallery

 
 
Home building up in March after frigid winter

By The Associated Press | From Page: A2

 
Davis elder-abuse case wraps up

By Lauren Keene | From Page: A2

Alleged serial killings highlight GPS limits

By The Associated Press | From Page: A2

 
CHP seeks owner of lost cash

By Lauren Keene | From Page: A2

Family fiction in miniature showcased at bookstore event

By Special to The Enterprise | From Page: A3 | Gallery

 
Local professor subdues unruly man on flight

By Adrian Glass-Moore | From Page: A3, 1 Comment

Rotarians, students, teachers, parents collaborate on planter boxes

By Enterprise staff | From Page: A4 | Gallery

 
Yolo Crisis Nursery is in crisis; please help

By Special to The Enterprise | From Page: A4

Meditation, Buddhism classes offered

By Enterprise staff | From Page: A4

 
Seniors can get tips for getting around town

By Enterprise staff | From Page: A4

School has garden plots for rent

By Enterprise staff | From Page: A4

 
Sugar overload, on ‘Davisville’

By Enterprise staff | From Page: A4

Check out the night sky

By Enterprise staff | From Page: A5 | Gallery

 
Hop to it: Easter Bunny meets Davis history tour

By Enterprise staff | From Page: A5

Garden doctor: Veggie gardening available year-round

By Special to The Enterprise | From Page: A5

 
Animal expert explains dogs’ thinking

By Special to The Enterprise | From Page: A5

Central Park Gardens to host Volunteer Orientation Day

By Enterprise staff | From Page: A7 | Gallery

 
 
.

Forum

Still supporting this guy

By Special to The Enterprise | From Page: B5

 
Urban forest under siege

By Special to The Enterprise | From Page: A6, 4 Comments

Drought care for our trees

By Letters to the Editor | From Page: A6, 1 Comment

 
Tom Meyer cartoon

By Debbie Davis | From Page: A6

.

Sports

UCD staff allows 19 hits in Causeway rout

By Bruce Gallaudet | From Page: B1 | Gallery

 
DHS softball struggles in nonleague outing

By Spencer Ault | From Page: B1 | Gallery

Devils open Boras Classic by splitting games

By Enterprise staff | From Page: B1 | Gallery

 
 
JV/frosh roundup: DHS sweeps a trio of baseball games

By Enterprise staff | From Page: B2 | Gallery

Baseball roundup: River Cats get by Grizzlies at Raley

By The Associated Press | From Page: B3

 
Giants beat L.A. in 12

By The Associated Press | From Page: B3

Sports briefs: Stanford sends Aggies home with a lacrosse loss

By Enterprise staff | From Page: B8 | Gallery

 
.

Features

 
.

Arts

Red Union Blue inks record deal

By Landon Christensen | From Page: A9 | Gallery

 
Craft Center exhibit explores ‘Possibilities’

By Special to The Enterprise | From Page: A9

RootStock to host wine themed plein aire exhibit

By Enterprise staff | From Page: A9

 
The California Honeydrops to bring danceable groove to The Palms

By Enterprise staff | From Page: A9 | Gallery

See Flower Power exhibit at Gallery 625

By Enterprise staff | From Page: A9 | Gallery

 
.

Business

.

Obituaries

.

Comics

Comics: Wednesday, April 16, 2014

By Creator | From Page: B6