NPR : News

Filed Under:

Jobless Claims Dipped Last Week

There were 377,000 first-time claims for unemployment insurance last week, down 12,000 from the week before, the Employment and Training Administration reports.

But in yet another mixed signal about how the economy's doing, that welcome dip is tempered by the fact that the "4-week moving average was 377,750, an increase of 1,750 from the previous week's revised average of 376,000." Economists watch that average because it offers a slightly larger look at the trend.

Also, the agency revised up the previous week's number of claims — from the initial estimate of 383,000 to 389,000.

Bloomberg News says the report signals "limited progress in the labor market after a two-month slowdown in hiring."

As we mentioned earlier, Fed Chairman Ben Bernanke this morning delivers the central bank's latest economic outlook during testimony before Congress.

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

WAMU 88.5

Taking Great Photos On Vacation Or "Staycation"

Professional photographers give us the latest on cameras, smart phones and shooting tips for great vacation photos this summer -- and every day.

NPR

Squeezed By Drought, California Farmers Switch To Less Thirsty Crops

Water scarcity is leading farmers away from planting staples and towards planting higher-value, lower-water specialty crops. Think wine grapes and pomegranates instead of citrus and avocados.
WAMU 88.5

Obama's Trip to Africa & Foreign Aid

By visiting Africa this month, President Obama is drawing attention to one of the diplomatic tools that most directly shapes America's relationships with other countries: foreign aid and assistance. But now all policy makers at home feel the United States is pursuing the soundest strategy when it comes to providing aid abroad. We explore the issue with the official in charge of the Africa portfolio for the United States Agency for International Development.

WAMU 88.5

Taking Great Photos On Vacation Or "Staycation"

Professional photographers give us the latest on cameras, smart phones and shooting tips for great vacation photos this summer -- and every day.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.