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Jobless Claims Dropped By 27,000 Last Week

There were 365,000 first-time claims for unemployment insurance filed last week, down 27,000 from the week before, the Employment and Training Administration reports.

The decline was more than economists expected, Bloomberg News says. Reuters says the news "could ease fears the labor market recovery was stalling." Claims have basically been trending around a four-year-low level for much of this year.

We'll learn much more about the health of the labor market on Friday, when the Bureau of Labor Statistics is due to report on April payroll employment and the April unemployment rate. In March, BLS has reported, the jobless rate was 8.2 percent.

Copyright 2012 National Public Radio. To see more, visit http://www.npr.org/.

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Encore: 'Future Shock' 40 Years Later

Future Shock by Alvin Toffler was a huge sensation when it was published in 1970. The book perfectly captured the angst of that time and prepared society for more changes to come.
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In Prison, The Passion That Drove A Yogurt-Maker To Arson Still Burns

The yogurt entrepreneur who set fire to his factory remains in prison, but he's in better spirits now. "He's dreaming again," says his wife.
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The Politics Hour - July 1, 2016

Kojo and Tom Sherwood chat with D.C. Transportation Director Leif Dormsjo and Virginia Del. Marcus Simon (D-Fairfax).

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'Future Shock' Author Alvin Toffler Dies at 87

Toffler's warnings about 'information overload' and the accelerating pace of change in modern society made his seminal 1970 book a best-seller in the U.S. and around the world.

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