Jobless Claims Rose Slightly Last Week | WAMU 88.5 - American University Radio

NPR : News

Filed Under:

Jobless Claims Rose Slightly Last Week

There were an estimated 372,000 first-time claims for unemployment insurance last week, up by 4,000 from the week before, the Employment and Training Administration reports.

Another way of measuring, to show the recent trend, also rose: "The 4-week moving average was 368,000, an increase of 3,750 from the previous week's revised average of 364,250."

Overall, what we've said the past two weeks still applies:

"Claims have stayed in a range between 350,000 and 400,000 all year. The unemployment rate, meanwhile, has also varied little: it's low this year has been 8.1 percent and the high has been 8.3 percent."

Reuters' analysis also sounds familiar: "The number of Americans filing new claims for jobless benefits unexpectedly rose last week, suggesting the labor market is healing too slowly to make much of a dent in the unemployment rate."

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

NPR

The Other Rock History

What makes an essential rock song? Musicologist Greil Marcus argues that it's not the stature of the performer, but the degree to which a song tells the story of rock 'n' roll itself.
NPR

Can Oxfam Nudge Big Food Companies To Do Right?

Oxfam is scoring the 10 biggest food companies on a scale of 1 to 10 on a host of issues, from worker rights to climate change. But will promises translate into concrete changes?
NPR

Rick Perry's Legal Trouble: The Line Between Influence And Coercion

The Texas governor is charged with abuse of office and coercing a public official, but he claims he was just doing what governors do: Vetoing a budget item.
NPR

New GoPro Camera Harness Captures Dog's-Eye View

This past week, the camera maker GoPro unveiled the Fetch harness, which allows people to attach the durable cameras to their dogs. The company was inspired by some DIY efforts at pet videography.

Leave a Comment

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