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/.

WAMU 88.5

Rita Dove: "Collected Poems: 1974 - 2004"

A conversation with Rita Dove, former U.S. poet laureate and Pulitzer Prize-winner.

NPR

Frozen Food Fears: 4 Things To Know About The Listeria Recall

The FDA issued a massive recall of frozen fruits and vegetables this week. Here's what you need to know about the nasty bug that's causing all the problems.
WAMU 88.5

Back From The Breach: Moving The Federal Workforce Forward

A year after a massive cyber breach compromised the databases of the Office of Personnel Management, Kojo talks with OPM Acting Director Beth Cobert about her agency and key issues facing the federal workforce.

WAMU 88.5

Why Medical Error Is The Third Leading Cause Of Death In The U.S.

New research shows medical error is the third leading cause of death in the U.S., killing more than 250,000 people a year. Why there are so many mistakes, and what can be done to improve patient safety.

Leave a Comment

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