NPR : News

Filed Under:

Jobless Claims At Five-Year Low; Home Building Hit Five-Year High In 2012

There were 335,000 first-time claims for unemployment insurance last week, down 37,000 from the week before, the Employment and Training Administration reports.

That's the lowest total for any one week since January 2008.

In other good economic news, the Census Bureau and Department of Housing and Urban Development say there was a 12.1 percent gain in housing starts in December from November. Starts were up 36.9 percent from December 2011.

Construction was begun on an estimated 780,000 housing units last year. According to The Associated Press, it was "the best year since 2008."

Home construction is a closely watched economic indicator not only because of the jobs it creates in the building industry, but for its ripple effects on other parts of the economy — including the appliance, furniture and retail industries.

Copyright 2013 National Public Radio. To see more, visit http://www.npr.org/.

NPR

'Top Gear' Returns With New Hosts On BBC America

The massively popular BBC show, Top Gear, relaunches Monday on BBC America. Following the painfully public downfall of its former host, the new hosts have big gears to grind.
NPR

'Sweetbitter' Is A Savory Saga Of Restaurant Life And Love

Oysters, cocaine, fine wine, love triangles: Stephanie Danler's debut novel Sweetbitter follows a year in the life of a young woman working at a top-tier Manhattan restaurant.
WAMU 88.5

Ralph Nader: The Future Of The Progressive Movement In The D.C. Region

Iconic consumer advocate and former presidential candidate Ralph Nader joins us for a conversation about civic engagement, the role of the media, and the future of the progressive movement in the D.C. region.

WAMU 88.5

Hillary Clinton's Emails

Hillary Clinton is under pressure after a State Department report criticized her use of a private email server: what's in the report, potential security risks and whether it could affect Secretary Clinton's bid for the White House.

Leave a Comment

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