Jobless Claims Rose Last Week | WAMU 88.5 - American University Radio

NPR : News

Filed Under:

Jobless Claims Rose Last Week

There were 360,000 first-time claims for unemployment benefits filed last week, up 16,000 from the week before, the Employment and Training Administration says.

The "four-week moving average," which gives a sense of the recent trend, "was 351,750, an increase of 6,000 from the previous week's revised average of 345,750."

Bloomberg News says one reason for the rise is seasonal: "Swings in jobless applications are typical in July as auto plants close for annual retooling." It adds that "claims are difficult to adjust in July for seasonal events such as vehicle plant shutdowns and the Independence Day holiday, a Labor Department spokesman said as the data were released."

Even with the increase, claims stayed in the 350,000-to-400,000 range, where they've mostly been since late 2011.

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

NPR

In A Remarkable Feat, 'Boyhood' Makes Time Visible

Boyhood is about a boy in Texas whose parents have separated. Filmed over 12 years, audiences watch him grow up — and his worldview evolve. The cumulative power of the movie is tremendous.
NPR

Spread Of Palm Oil Production Into Africa Threatens Great Apes

Palm oil growers are setting their sights on Africa as they amp up production. More than half of the land that's been set aside for plantations in Africa overlaps with ape habitats, researchers say.
NPR

Friday Feline Fun: A Ranking Of The Most Famous Internet Cats

Forget the Forbes Celebrity 100. This is the Friskies 50 — the new definitive guide of the most influential cats on the Internet. The list is based on a measure of the cats' social media reach.

Leave a Comment

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