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News > Economy
Jobless claims dip slightly
March 8, 2001: 9:00 a.m. ET

Filings for unemployment benefits fall, still point to weaker demand for workers
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NEW YORK (CNNfn) - New claims for state jobless benefits dipped slightly last week, the Labor Department reported Thursday, but still hovered at a level suggesting that employers' demand for workers has eased.

New filings for state unemployment insurance totaled 370,000 for the week ended March 3, down from a revised 374,000 in the previous week.

  graphic JOBLESS CLAIMS FOR WEEK OF MAR. 3, 2001  
    North Carolina scored the biggest increase, up by 3,088, due to layoffs in the construction, trade and furniture industries.
 		   
The decline left claims at their lowest level since Feb. 17.

The closely watched four-week moving average, however, has risen for the past four weeks, increasing to 355,250, the highest since the beginning of the year.

The previous four-week moving average was revised to 352,500.

North Carolina scored the biggest increase, up by 3,088, due to layoffs in the construction, trade and furniture industries. Georgia was up by 2,540, due to layoffs in the carpet and transportation equipment industries, and Alabama was up by 1,862.

Oklahoma had the biggest decline, 2,715, but Labor officials gave no reason for the drop.  graphic




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