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/.

NPR

Novelist Nuruddin Farah: Facing A Blank Page Is 'Bravest Thing' A Writer Does

Farah's latest is called Hiding in Plain Sight. It's the story of Bella, a Somali photographer living in Rome who gets drawn into the lives of her niece and nephew after her half-brother is killed.
NPR

Tracing A Gin-Soaked Trail In London

Around the world, new gin distilleries are popping up like mushrooms after a rain. NPR traces the boom to its historic roots in London, which once had 250 distilleries within the city limits alone.
NPR

Ballot Questions Draw Voters In 43 States

Ballot measures cover a lot of ground this year — from minimum wage to school calendars to one involving doughnuts and bear hunting. NPR's Charlie Mahtesian takes NPR's Scott Simon through the list.
NPR

Tech Week: Voice Mail Hang-Ups, Apple Pay And Zuckerberg's Chinese

In this week's roundup, Apple rolls out its mobile payment system but confronts a security test in China, the problem with voice mail messages and Mark Zuckerberg shows off his Mandarin.

Leave a Comment

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