graphic
News > Economy
Jobless claims leap
May 4, 2000: 8:53 a.m. ET

First-time unemployment claims top 300,000, highest since February
graphic
graphic graphic
graphic
NEW YORK (CNNfn) - The number of Americans filing new claims for unemployment benefits rose to 303,000 for the week ended April 29 from 283,000 the prior week, the U.S. Department of Labor said Thursday.

A weekly reading below 300,000 indicates a tight labor market.

graphicThe four-week moving average of claims, which generally provides a more accurate picture of jobless trends, rose to 277,500 for the week ended April 29 from a revised 267,250 in the prior week.

Continued claims rose to 2,007,000 for the April 22 week, the latest data available, from the revised 1,910,000 reported the previous week.

Massachusetts, California, Pennsylvania, New Jersey, Wisconsin and Rhode Island reported increases in claims of more than 1,000 in the week ended April 22, the latest period for which the data are available.

New Jersey and Wisconsin blamed layoffs in their manufacturing, construction, and transportation industries. Pennsylvania, Massachusetts and California had no comment. Back to top

-- Compiled by Tatiana D. Helenius

  RELATED STORIES

Jobless claims jump - Apr. 27, 2000

Jobless claims down - Apr. 20, 2000

Jobless claims rise - Apr. 13, 2000

Jobless claims tumble - Apr. 6, 2000




graphic

© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy. Advertising Practices.
Live Quotes automatically refresh, but individual equities are delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET.
* : Time reflects local markets trading time. † - Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Disclaimer
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.
Home | Contact Us | Advertise with Us | Corrections | Career Opportunities | Site Map
RSS | Email Delivery | Portfolio | Podcasts | Mobile | Widgets | User Preferences | Special Sections
| Magazine Customer Service | Download Fortune Lists | Reprints | Conferences | Business Leader Council