Contact Us
Make My Homepage

Unemployment Claims Are Up [AUDIO]

Claims for unemployment benefits have risen here and across the country. But hiring slowly continues to improve.

Scott Olson, Getty Images

The number of unemployment claims nationally were up 13-thousand last week to a seasonally adjusted 380,000.After steadily declining since last fall, applications have leveled off in recent weeks. The four-week average is essentially unchanged over the past two months.

They also rose here in New Jersey for the first time in five weeks.

Economic analyst Patrick O’Keefe of J-H Cohn in Roseland says both employment trends and a trend toward lower unemployment claims are improving. But he cautions New Jersey still faces at least two years, and perhaps as long as four years before its labor market s back to where it was prior to the downturn.

Job creation for March came in last week at a disappointing 120-thousand following a December, January and February of 200-thousand-plus new jobs improvements each month. Economists note that applications for unemployment aid are at a much lower level than they were last year, suggesting that March’s weak numbers might have been a temporary lull.

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

Best of NJ 101.5

Recommended For You

Around the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://nj1015.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a member? Sign up here

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Sign up to have exclusive New Jersey Insiders contests, events, coupons, presales, and much more delivered to you for FREE.