NPR : News

Filed Under:

Jobless Claims Bounce Up From Earlier Weeks' Low Levels

After two straight weeks in which the figures tracked near their lowest levels in seven years, the number of first-time applications for jobless benefits rose more than expected last week.

The Employment and Training Administration says there were 329,000 such claims filed, up by 24,000 from the previous week's slightly revised figure.

Reuters says that even though the latest number was above expectations, "the rise probably does not suggest a shift in labor market conditions as the underlying trend continued to point to strength. ... The increase probably reflects difficulties adjusting the data for seasonal fluctuations given a late Easter this year and the timing of school spring breaks."

Bloomberg News makes much the same point: "The Easter holiday period made it more difficult to adjust the data for seasonal variations. ... Looking beyond the swings, firings have slowed, which probably means employers are gaining confidence the world's largest economy is strengthening."

Copyright 2014 NPR. To see more, visit http://www.npr.org/.

NPR

For Carl Phillips, Poetry Is Experience Transformed — Not Transcribed

Phillips' new collection is both raw and refined, drawing on intimate experience while shunning autobiography. "I become uncomfortable when people make an equation between author and poem," he says.
NPR

#NPRreads: Middle East Air Quality, Lead Poisoning, And Jell-O

Around the newsroom and around the world, here's what we're reading this week.
NPR

Donald Trump In 9 Quotes And 200 Seconds

Trump took his act on the road to Tennessee, where he thrilled a conservative audience with an off-the-cuff routine that bordered on stand-up comedy.
NPR

No More Standing By The Spigot: Messaging App Alerts Water Availability

A startup in India — where an aging, ad hoc system limits water availability — is using text messages to let people know when their faucets should work, so they don't waste hours awaiting the deluge.

Leave a Comment

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