Nation & World News

Jobless Claims Dipped Last Week

By Mark Memmott on October 24th, 2013

There were 350,000 first-time claims for unemployment insurance filed last week (the period ending Oct. 19), down 12,000 from the week before, the Employment and Training Administration said Thursday.

A broader measure — the “4-week moving average” — rose by 10,750, to 348,250. That gives a sense of the pace of claims over the course of a month.

In Thursday’s report, the ETA also revised upward its estimate of the number of claims filed during the week ended Oct. 12. Previously, it said there had been 358,000. Now, it says there were 362,000.

According to The Associated Press: The latest figure was “elevated … by technical problems in California. California is still processing an applications delayed by a computer upgrade, a government spokesman said. The partial government shutdown appeared to have little impact on the figures, he added.”

Since September, when claims were running at a pace near a 6-year low, they’ve edged up slightly. Like Tuesday’s report showing relatively weak job growth in September, the claims news signals that the economy continues to chug along at a pace not fast enough to spur big employment gains.

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

This entry was posted in News from NPR. Bookmark the permalink.

Comments are closed.

 

More Stories in News from NPR

A customer picks up his just-bought iPhone.

WATCH: First Guy In Perth To Get Hands On New iPhone Drops It On Live TV

Jack Cooksey, 18, was unpacking his brand-new iPhone 6 for a local TV reporter, when he accidentally dropped it. The rest of the customers still in line groaned.


NFL Commissioner Roger Goodell held a news conference on Friday, during which he said, "I got it wrong on the handling of Ray Rice. ... But now I will get it right."

NFL Commissioner: ‘We Will Get Our House In Order’

Roger Goodell has been embroiled in controversy over how the league has handled off-field violent behavior of some of its star players. He said he had not considered resigning.


White House Announces Campaign Against Campus Sexual Assault

In unveiling the “It’s On Us” campaign aimed at preventing attacks on college campuses, President Obama said such violence is “an affront to our basic humanity.”


Alibaba founder and CEO Jack Ma has much to laugh about. Shares in the company opened at $92.70 in the New York Stock Exchange on Friday. The company is now valued at more than $200 billion — that's bigger that Amazon and Facebook.

Alibaba Shares Surge On First Day Of Trading

Shares of the Chinese e-commerce giant opened at $92.70 a share on the New York Stock Exchange today, making it the biggest initial public offering in U.S. history. They were priced at $68 a share.


Elizabeth Lessner stands behind the bar at Betty's Food and Spirits in Columbus, Ohio, in 2004.

Iconic Pabst Beer Brands Sold To Russian Company

Pabst Brewing Co., with its famous Blue Ribbon, Old Milwaukee and Schlitz labels, is being acquired by Russian brewer Oasis Beverages for an undisclosed sum.


Thank you for your support

WUFT depends on the support of our community — people like you — to help us continue to provide quality programming to North Central Florida.
Become a Sustainer
I want to support FM 89.1/NPR
I want to support Florida's 5/PBS
Donate a Vehicle
Day Sponsorship Payments
Underwriting Payments