Number of unemployment applications see significant drop

(Photo: Andreas Klinke Johannsen / CC BY-SA 2.0)

DAYTON, Ohio (WDTN) – The number of Americans filling applications for unemployment benefits dropped last week, matching a 42-year low.

The number of jobless applications fell by 13,000 last week–going from roughly 265,000 to 253,000 according to the U.S. Labor Department.

The last time the number of applications was that low was back in November of 1973. Experts says it’s sign more people are re-joining the work force. For 58 consecutive weeks, the number of applications has been below 300,000 and economists say that’s consistent with an improved job market.

When it comes to the Miami Valley, the Montgomery County Job Center is seeing more companies offering jobs with competitive wages. Industries seeing the most growth here are manufacturing and logistics, aerospace and health care.

Mark Anderson says now’s the time companies are needing to fill positions.

“Employers need people to step up and take the positions that are available because they’re growing as a business and that’s the cycle we are in right now,” Anderson said. “We know as companies start to hire more it’s absolutely going to have a major effect here on our region and our region right now is really strong.”

And if you’re looking for a job, Fuyao Glass America is holding open interviews Friday from 10 a.m. to 2 p.m. If you’re interested, fill out and application and bring a copy of your resume.

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