Unemployment Aid Applications Drop To 9-Month Low

The number of people applying for unemployment benefits fell last week to the lowest level in nine months, evidence that the job market is improving.

The Labor Department says weekly applications dropped by 23,000 to a seasonally adjusted 381,000. That's the lowest number of applications since late February.

The four-week average, a less volatile measure, fell for the ninth time in 11 weeks to 393,250. That's the lowest average since early April.

The report comes after other data show employers are stepping up hiring. Last week, the government said the unemployment rate fell to 8.6 percent from 9 percent.

Applications that drop below 375,000 -- consistently -- tend to correlate with a steady decline in the unemployment rate.


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  • by L&L on Dec 8, 2011 at 07:43 PM
    i have said many times on these boards that there are signs in my business that the economy is improving drastically. we are as busy as we have been in years which means new construction is going to BOOM in the spring. ONce that happens the unemployment numbers will really lower a lot, not coincidentally, so will the republicans chances of winning the presidency.
    • reply
      by Where? on Dec 9, 2011 at 05:49 AM in reply to L&L
      I am in the construction industry as well, have been for over 30 years and your post is untrue to put it kindly. Residential and commericial construction is by no means what it was 4 years ago and if you think it is going to boom in the spring, I have some swamp land to sell you for a very fair price. Try again, republicans will boom in the spring, summer and fall when they take over the white house.
    • reply
      by R&R on Dec 9, 2011 at 06:02 AM in reply to L&L
      L&L whats your business bail bonds??? That's the only business doing well these days in Greeneville!
  • by Anonymous on Dec 8, 2011 at 07:29 PM
    Interesting to see how the Republicans spin this as bad news.
    • reply
      by Anonymous on Dec 9, 2011 at 07:04 AM in reply to
      Even more interesting is how the democrats don't know how to use their brains (or don't have one over the IQ level of 60) and believe everything they see in the media.
  • by Troll man! on Dec 8, 2011 at 06:45 PM
    Unemployment is at a 9 month low, but under Obama it is a 30 year high!!!!! Liberals.....
    • reply
      by Anonymous on Dec 8, 2011 at 07:39 PM in reply to Troll man!
      But irregardless of what you hope and pray for, the economy is still going to improve. Good luck with Leroy or Willard trying to run against a vastly improved economy next year!
  • by Troll alert on Dec 8, 2011 at 06:25 PM
    Ummmm all of the first six posting were done back to back....probably by the same person..and we all know who that baseless con artist is.... it's OSOC, with his multiple personalities, and all day and night to post his TROLL comments, over and over and over again.
    • reply
      by Yes you are a troll on Dec 9, 2011 at 05:53 AM in reply to Troll alert
      No, you are incorrect. I am not OSOC and I posted one of the posts below. Why is it that you think one person would post over and over again? Could it be that you are the one posting over and over again? So sad to be so paranoid, Obama did that to you with his game of pitting american against american, I hope you realize that!!
  • by Anonymous on Dec 8, 2011 at 09:07 AM
    These numbers are obviously wrong because Obama!
  • by Boats Location: Beaufort on Dec 8, 2011 at 08:54 AM
    Bogus numbers creating false hope (where have we heard that word before?). When your benefits run out, you don't file for more, thus you don't get counted. I'm not encouraged, and suggest you shouldn't be either.
  • by 2011 on Dec 8, 2011 at 08:40 AM
    In the 1980's we had Reagan, Steve Jobs, Johnny Cash, and Bob Hope, now we have Obama, no jobs, no cash, and no hope!!!!
  • by Inaccurate Numbers on Dec 8, 2011 at 08:33 AM
    Can we now see the numbers of those who went from the unemployment line to the walfare line please. It was proven that last weeks numbers were wrong and I have no doubt these ones are wrong also. I wish it were true, but it simply isn't!!
    • reply
      by Anonymous on Dec 8, 2011 at 07:34 PM in reply to Inaccurate Numbers
      It must be an extremely hard time for republicans right now as they watch before their very eyes an economy on the upswing. They see their last and best chance at the presidency vanish into thin air. Meanwhile, the rest of sane America is uplifted by the good news that seems to be flowing on an almost daily basis.
      • reply
        by Boats on Dec 9, 2011 at 05:15 AM in reply to
        Bogus numbers creating false hope (where have we heard that word before?). When your benefits run out, you don't file for more, thus you don't get counted. I'm not encouraged, and suggest you shouldn't be either.
      • reply
        by LOL on Dec 9, 2011 at 07:02 AM in reply to
        Earth to anonymous @ 10:34 - Are you sleep posting? Are you on another planet? Where in America is anything being "uplifted by the good news that seems to be flowing on an almost daily basis" and what exactly is it that is being "uplifted"? It must be an extremely hard time for democrats to accept the facts that the economy continues to be way down, the national debt is more than every other president combined, the moral rate is at an all time low and the crime rate goes up every day all over the country. Sounds to me like you are in a la-la land.
  • by Anonymous on Dec 8, 2011 at 08:15 AM
    How is it evidence that the job market is improving? After a while, only so many people are left to fire or lay off. That sounds to me like it just means the majority of job losses has already occurred. It doesn't mean anyone is finding another job readily. That's a bad statistic to rely on for such an assumption.
  • by Not Improving on Dec 8, 2011 at 07:52 AM
    I'm still without a job, thugs are robbing Greeneville left and right? You call this improvement???
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