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TODAYS TOP STORIES
Weekly US jobless aid applications fall to 332,000
By CHRISTOPHER S. RUGABER
AP Economics Writer
WASHINGTON (AP) -- Fewer Americans sought unemployment aid last week, reducing the average number of weekly applications last month to a five-year low. The drop shows that fewer layoffs are strengthening the job market.
The Labor Department says applications fell 10,000 to a seasonally adjusted 332,000. That pushed the four-week average to 346,750, the lowest since March 2008, just several months after the Great Recession began.
Applications are a proxy for layoffs. They have fallen nearly 13 percent since November.
At the same time, net hiring has picked up. Employers have added an average of 200,000 jobs per month from November through February, up from about 150,000 a month in the previous four months.
The unemployment rate fell to a four-year low of 7.7 percent in February from 7.9 percent the previous month.
Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Posted: Sunday, March 17 2013, 11:10 AM CDT
IN OKLAHOMA NEWS
Suspect caught in series of Stillwater robberies
May 23, 2013 07:46 GMT
STILLWATER, Okla. (AP) -- Police in Stillwater say they believe a suspect in custody is responsible for a series of store robberies that began in January.
Police Capt. Randy Dickerson said Tuesday that 24-year-old Jackson Pascal Rwezaula is held on complaints for two of the robberies.
The Stillwater News-Press reports (http://is.gd/GLCxxC ) Rwezaula (weh-zahl-uh) refuses to speak to investigators.
Dickerson said the robberies confounded police for months, to the point that the investigation became personal.
Officials say the suspect's face showed up clearly in a security image from one of the robberies and a tipster gave Rwezaula's name.
Police say they recovered disguises and other evidence allegedly linking Rwezaula to the crimes.
Information from: Stillwater News Press, http://www.stwnewspress.com
OKLAHOMA HEADLINES
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OKLAHOMA WEATHER
66°
From the FOX 25 First Forecast Center..
Good morning everyone...Not expecting organized severe weather but showers and t'storms from time to time could hamper tornado relief efforts. ...
Business News
Bernanke signals Fed to maintain stimulus efforts
WASHINGTON (AP) -- Chairman Ben Bernanke is telling Congress that the U.S. job market remains weak and that it is too soon for the Federal Reserve to end its extraordinary stimulus programs.
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BC-US--Dow Record-Three Personal Stories, 1st Ld-Writethru,1173
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AP Photo FX102, FX103
Eds: With BC-US--Dow Record. Adds photos.
By SCOTT MAYEROWITZ
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NEW YORK (AP) -- When the Dow first crossed 14,000, investors were overjoyed. ...
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LAKELAND, Minn. (AP) -- High school student Zach Sobiech (SOH'-bee-eck) says he wanted to be remembered as "a kid who went down fighting and didn't really lose."
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