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Applications for US Jobless Aid Rise to 313,000

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In this photo taken Friday, Feb. 6, 2015, U.S. Marine Corps Veteran Christopher Triana,left, talks about job probabilities to U.S. Border Patrol agent Frank Miller, right, at the annual Veterans Career and Resource Fair in Miami. The U.S. Labor Department reports on the number of people who applied for unemployment benefits for the week ending Feb. 21 on Thursday, Feb. 26, 2015. (AP Photo/Alan Diaz)

In this photo taken Friday, Feb. 6, 2015, U.S. Marine Corps Veteran Christopher Triana,left, talks about job probabilities to U.S. Border Patrol agent Frank Miller, right, at the annual Veterans Career and Resource Fair in Miami. The U.S. Labor Department reports on the number of people who applied for unemployment benefits for the week ending Feb. 21 on Thursday, Feb. 26, 2015. (AP Photo/Alan Diaz)

CHRISTOPHER S. RUGABER, AP Economics Writer

WASHINGTON (AP) — More Americans sought unemployment aid last week, though the number of applications was still consistent with steady hiring.

The Labor Department said Thursday that weekly applications rose 31,000 to a seasonally adjusted 313,000, the most in six weeks. The four-week average, a less volatile measure, increased 11,500 to 294,500.

Applications are a proxy for layoffs. The average has been near or below 300,000 since September, a historically low number that suggests companies are holding onto their staffs and may even be stepping up hiring.

“Despite larger-than-expected weekly swings, the trend in claims remains consistent with an improving labor market,” Derek Lindsey, an economist at BNP Paribas, said in a note to clients.

Jim O’Sullivan, an economist at High Frequency Economics, said the current four-week average is similar to the average in the final three months of last year. Employers added an average of 324,000 jobs each month in the fourth quarter.

Employers added more than 1 million jobs from November through January, the best three-month pace since 1997.

And more than 3.2 million jobs have been created in the past year. That has helped lower the unemployment rate to 5.7 percent in January from 6.6 percent 12 months earlier.

The strong job gains are showing some signs of finally lifting paychecks for more workers. Average hourly pay rose 0.5 percent in January, the most in six years, the Labor Department said earlier this month. While economists cautioned against reading too much into one month’s figure, it suggested employers may finally feel the need to raise wages to attract new workers and keep the ones they have.

Big companies like Aetna and the Gap have already raised wages. Last week, Wal-Mart, the world’s largest retailer, said it would raise the base pay for its employees to $9 an hour later this year and $10 next February. Retailer TJX followed with its own pay hike announcement Wednesday.

Federal Reserve Chair Janet Yellen said Tuesday that there has been broad improvement in the job market since last summer. Yet she also noted that “wage growth remains sluggish,” and the number of Americans either working or looking for work is low by historical standards. The Fed is closely watching the jobs data as it considers when to begin raising short-term interest rates.

“Considerable progress has been achieved in the recovery of the labor market, though room for further improvement remains,” Yellen said in testimony before a Congressional panel.

Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Alameda County

Seth Curry Makes Impressive Debut with the Golden State Warriors

Seth looked comfortable in his new uniform, seamlessly fitting into the Warriors’ offensive and defensive system. He finished the night with an impressive 14 points, becoming one of the team’s top scorers for the game. Seth’s points came in a variety of ways – floaters, spot-up three-pointers, mid-range jumpers, and a handful of aggressive drives that kept the Oklahoma City Thunder defense on its heels.

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Seth Curry is a point guard on the GSW team.Photo courtesy of the Golden State Warriors.
Seth Curry is a point guard on the GSW team.Photo courtesy of the Golden State Warriors.

By Y’Anad Burrell

Tuesday night was anything but ordinary for fans in San Francisco as Seth Curry made his highly anticipated debut as a new member of the Golden State Warriors.  Seth didn’t disappoint, delivering a performance that not only showcased his scoring ability but also demonstrated his added value to the team.

At 35, the 12-year NBA veteran on Monday signed a contract to play with the Warriors for the rest of the season.

Seth looked comfortable in his new uniform, seamlessly fitting into the Warriors’ offensive and defensive system. He finished the night with an impressive 14 points, becoming one of the team’s top scorers for the game. Seth’s points came in a variety of ways – floaters, spot-up three-pointers, mid-range jumpers, and a handful of aggressive drives that kept the Oklahoma City Thunder defense on its heels.

One of the most memorable moments of the evening came before Seth even scored his first points. As he checked into the game, the Chase Center erupted into applause, with fans rising to their feet to give the newest Warrior a standing ovation.

The crowd’s reaction was a testament not only to Seth’s reputation as a sharpshooter but also to the excitement he brings to the Warriors. It was clear that fans quickly embraced Seth as one of their own, eager to see what he could bring to the team’s championship aspirations.

Warriors’ superstar Steph Curry – Seth’s brother – did not play due to an injury.  One could only imagine what it would be like if the Curry brothers were on the court together.  Magic in the making.

Seth’s debut proved to be a turning point for the Warriors. Not only did he contribute on the scoreboard, but he also brought a sense of confidence and composure to the floor.

While their loss last night, OKC 124 – GSW 112, Seth’s impact was a game-changer and there’s more yet to come.  Beyond statistics, it was clear that Seth’s presence elevated the team’s performance, giving the Warriors a new force as they look to make a deep playoff run.

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Oakland Post: Week of November 26 – December 2, 2025

The printed Weekly Edition of the Oakland Post: Week of November 26 – December 2, 2025

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Oakland Post: Week of November 19 – 25, 2025

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