Weekly Jobless Claims Stay Near 5-Year Low | WAMU 88.5 - American University Radio

NPR : News

Filed Under:

Weekly Jobless Claims Stay Near 5-Year Low

There were 323,000 first-time claims for unemployment insurance last week, down 4,000 from the week before, the Employment and Training Administration says.

Note: As often happens, the previous week's figure is a slight revision from what was reported earlier. Initially, the ETA said there had been 324,000 first-time claims during the week ending April 27. Now, it says there were 327,000 that week.

The bottom line, as we said last week, is that "claims continue to run around the lowest pace since early 2008 — they haven't been lower since a week in mid-January 2008 when they came in at 321,000."

Bloomberg News puts this interpretation on the latest figures: They're "a signal employers are confident enough in the economic outlook to hold on to workers."

Thursday's relatively good news follows last week's word that the nation's unemployment rate edged down to 7.5 percent in April.

Copyright 2013 NPR. To see more, visit http://www.npr.org/.

WAMU 88.5

Audiences Get A Modern Look At A 19th Century Opera

Opera as seen through the lens of Google Glass? Wolf Trap is giving audiences the chance to mix technology with Bizet’s classic "Carmen" this month.
NPR

Can You Trust That Organic Label On Imported Food?

A new book claims the organic label can't be trusted, especially on food that's imported. Yet there is a global system for verifying the authenticity of organic food, and it mostly seems to work.
NPR

Democrats Make New Bid To Require Donor Transparency

The latest version of the DISCLOSE Act, which would force donor disclosure on outside organizations that engage in election politics, is facing now-familiar opposition from Republican lawmakers.
NPR

A Plan To Untangle Our Digital Lives After We're Gone

In the digital age, our online accounts don't die with us. A proposed law might determine what does happen to them. But the tech industry warns the measure could threaten the privacy of the deceased.

Leave a Comment

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