Thursday, March 15, 2012
Jobless claims fell nationwide last week, but they climbed by 1,026 in Oregon.
Nationwide, applications for unemployment aid dropped 14,000 to a seasonally adjusted 351,000, the Labor Department said Thursday. That matches a four-year low reached last month. The four-week average, which smooths fluctuations, was unchanged at 355,750.
The job market has a long way to go to fully recover from the Great Recession. More than 12.8 million people remain unemployed. And the economy still has 5 million fewer jobs than before the downturn.
Read more at OregonLive.com.