US unemployment aid applications drop after Sandy spike - Tucson News Now

US unemployment aid applications drop after Sandy spike

Posted: Updated:
TUCSON, AZ (Tucson News Now) -

First-time claims for unemployment benefits are down after spiking for three weeks after Hurricane Sandy.

The labor department reported that 370,000 people filed initial jobless claims last week. That's down 25,000 people compared to the previous week.

Claims went up in mid- November, after Superstorm Sandy put many workers temporarily out of a job.

But now the weekly figures are back around levels consistent with modest hiring.

Tomorrow the monthly jobs report comes out.

Copyright 2012 The Associated Press and Tucson News Now. All rights reserved. 

Powered by WorldNow