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

He Died At 32, But A Young Artist Lives On In LA's Underground Museum

When Noah Davis founded the museum, he wanted to bring world-class art to a neighborhood he likened to a food desert, meaning no grocery stores or museums. Davis died a year ago Monday.
NPR

The Strange, Twisted Story Behind Seattle's Blackberries

Those tangled brambles are everywhere in the city, the legacy of an eccentric named Luther Burbank whose breeding experiments with crops can still be found on many American dinner plates.
WAMU 88.5

State Taxes, School Budgets And The Quality Of Public Education

Budget cutbacks have made it impossible for many states to finance their public schools. But some have bucked the trend by increasing taxes and earmarking those funds for education. Taxes, spending and the quality of public education.

NPR

Surfers And Scientists Team Up To Create The 'Perfect Wave'

Surfers once deemed man-made waves weak and mushy compared to the best that break along the coast. Then engineers and an 11-time world champion surfer showed just how good an artificial wave can be.

Leave a Comment

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