Labor Department: Government Shutdown

government shutdown: The partial government shutdown also likely boosted the total, as government contractors and other businesses furloughed employees. The Labor Department says the less volatile four-week average rose 11,750 to 336,500, according to Times Colonist. "Once the special factors are weeded out, and businesses carry on as best they can, we should continue to see moderate job growth," said Jennifer Lee, an economist at BMO Capital Markets and WASHINGTON - Applications for US unemployment benefits dropped 15,000 to a seasonally adjusted 358,000 last week, though the figure was distorted for the second straight week by California's efforts to clear backlogged claims. Applications have jumped in the past two weeks, distorted by computer upgrades in two states and the 16-day shutdown. Prior to those unusual factors, claims had reached pre-recession levels, a sign that companies are cutting very few workers. (www.immigrantscanada.com). As reported in the news.