In US, 386k line up for jobless benefits

The US Labor Department said on Thursday that applications for weekly benefits rose by 6,000 to a seasonally-adjusted 386,000, AFP reported.

Nearly six million Americans are currently receiving jobless benefits. But the actual figure would have been much higher if state authorities had not stopped extending benefit programs.

At the same time, job creation has slowed down, with employers having added an average of only 96,000 positions over the past three months, the fewest in a year.

The weak hiring trend pushed up the country’s unemployment rate from 8.1 percent in April to 8.2 in May, raising concerns about the pace of the economic recovery.

The US economy is still struggling, three years after the recession, which officially ended in June 2009. Wages have not kept up with inflation and state and local authorities have continued to shed jobs.

MN/MHB/HN

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