graphic
News > Economy
Jobless claims drop
February 3, 2000: 9:06 a.m. ET

Initial claims fall by 5,000 as 21 states report a decrease applicants
graphic
graphic graphic
graphic
NEW YORK (CNNfn) - The number of Americans filing new claims for unemployment benefits fell to 274,000 for the week ended Jan. 29, down slightly from a revised 279,000 the week prior, the U.S. Department of Labor said Thursday, indicating a continuing tight labor market.
    The four-week moving average of claims, which generally provides a more accurate picture of jobless trends, was at 282,000 for the Jan. 29 reporting week, down from a revised 291,000 the week before.
    Continued claims dropped to 2,005,000 for the week ended Jan. 22, the latest data available, from a revised 2,141,000 for the Jan. 15 reporting period.
    No states reported increases in claims of more than 1,000 in the week ended Jan.22, the latest period for which data are available. Twenty-one states reported a decrease in claims of more than 1,000 for the same period. Tennessee, Georgia, Michigan, Pennsylvania, and Alabama reported the biggest decrease in claims.
    Tennessee reported a drop in layoffs in the textile, construction, and industrial machinery industries, while Georgia pointed to fewer layoffs in manufacturing. Michigan reported fewer layoffs in the auto industry, with Alabama reporting greater demand for workers in textile and apparel industries. Back to top

  RELATED STORIES

Jobless claims drop - Jan. 20, 2000

Jobless claims unchanged - Jan. 13, 2000

Jobless claims climb - Jan. 6, 2000

Jobless claims dip lower - Dec. 30, 1999

Jobless claims rise - Dec. 23, 1999





graphic

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.