Thursday, October 16, 2014
The number of people seeking U.S. unemployment aid dropped to the lowest level in 14 years last week, the latest signal that companies are cutting few workers and hiring could pick up.
The Labor Department said Thursday that weekly applications for unemployment aid fell 23,000 to a seasonally adjusted 264,000, the lowest level since April 2000.
Here are the states with the biggest increases in applications. No state reported a decrease above 1,000. The data is for the week that ended Oct. 4, one week behind the national figures:
States with the biggest increases:
New York: Up 4,753, due to layoffs in transportation and warehousing, food services and public administration
Texas: Up 1,976, due to layoffs in manufacturing, administrative support, and finance
California: Up 1,825, no reason given
Florida: Up 1,743, due to layoffs in agriculture, construction, manufacturing and retail
Ohio: Up 1,734, due to layoffs in manufacturing