New applications for unemployment aid has dropped - KWWL.com

New applications for unemployment aid has dropped

Posted:
Written by Briana Denney, Producer - email
WASHINGTON, D.C. (KWWL) -

New applications for unemployment aid dropped last week making it the lowest level since mid-May.

According to the U.S. Labor Department, requests for benefits dropped by 14,000 applications for a total of 374, 000. This follows a steady decline since the week of May 19th.

Analysts use information like this to determine overall job growth and economic recovery.

Wtih a dip in new applications, experts suggest it means hiring is improving and fewer people need aid.

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