Jobless Claims Bounce Up From Earlier Weeks' Low Levels | WAMU 88.5 - American University Radio

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

Ann Meara, Half Of Husband-Wife Comedy Team, Dies At 85

Ann Meara died Saturday in New York. She had a long varied career in show business and was one half of the 1960s comedy duo, Stiller and Meara. She was marred to Jerry Stiller. Her son is Ben Stiller.
NPR

How Dangerous Is Powdered Alcohol?

Last month, the U.S. Alcohol and Tobacco Tax and Trade Bureau approved a powdered alcohol product, making both parents and lawmakers nervous. Some states have already banned powdered alcohol. NPR's Arun Rath speaks with Brent Roth of Wired, who made his own powdered concoction and put it to the test.
NPR

Obama Administration Forced To Defend Strategy Against ISIS In Iraq

On this Memorial Day, the Obama administration finds itself defending its foreign policy strategy in Iraq where the self-proclaimed Islamic State, also known as ISIS, has captured the city of Ramadi.
NPR

For Aspiring Artists, Social Media Can Get Fans Too Close For Comfort

The power of social media is that aspiring artists can essentially invite fans into their living rooms, but fans can sometimes overstay their welcome.

Leave a Comment

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