Initial claims for unemployment drop

As reported by Staffing Industry Analysts, the most recent numbers from Bureau of Labor Statistics are still ... not bad.

"U.S. initial claims for unemployment insurance fell to 429,000 in the week ended July 10 on a seasonally adjusted basis, down 29,000 from the previous week's revised figure of 458,000, the U.S. Department of Labor reported today.
Reuters reported that analyst had anticipated claims would fall only to 450,000.

The four-week moving average of claims for the week ended July 10 fell to 455,250, down 11,750 from the previous week's revised average of 467,000.

Jobless claims for the week ended July 3 were revised up to 458,000, an increase of 4,000 from last week's initially reported number. Initial unemployment for the week ended July 3 were still down 17,000 from the prior week.

Florida posted the largest decline in jobless claims in the week ended July 3, down 3,586, amid fewer layoffs in the construction, trade, service and manufacturing industries as well as agriculture, according to new data from the Department of Labor."

USA Staffing Services:
Feeling like a bit of a broken record, repeating the mantra: going in the right direction. But eventually going in the right direction long enough can be a very good thing.

Over the coming months and years, more and more companies will rely on staffing firms to provide payrolling and other HR services, including recruiting. To gain a strategic advantage over your competitors, check out our Web site.

www.usastaffingservices.com