Weekly unemployment claims drop, but jobs not yet recovered

SEATTLE (AP) — New weekly claims for unemployment insurance in Washington state have decreased, but that’s probably not a sign of real recovery for the battered job market. The Seattle Times reports tor the week ending July 18, Washington saw 29,438 new, or initial, claims for unemployment insurance benefits. The state Employment Security Department reported Thursday that’s down 27.3% from the previous week, when jobless claims rose sharply after trending down for six weeks. It also comes as the U.S. Labor Department reported initial jobless claims rose nationally by 8.3% to 1.4 million.