WASHINGTON (WKOW) – New evidence points to increases in employment in May.
The Labor Department reports weekly applications dropped 1,000 to a seasonally adjusted 367,000.
The four-week average sits at 379,000 after falling 5,250 applicants.
The pace of layoffs is measured by potential job seekers.
Job growth is suggested when the candidates stay consistently below 375,000.
March and April's numbers indicate lower hiring months that could raise fears of the job market turning in the wrong direction.
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