Jobless Claims Rose Last Week

About 26,000 more people filed first-time claims for unemployment insurance last week, the Employment and Training Administration says.

There were 397,000 such applications.

As The Associated Press says, it was "only the second increase in six weeks."

The increase may be in part because of the calendar, Bloomberg News reports:

"A Labor Department official said claims generally rise the week after a federal holiday and some New England states reported more claims due to school holidays. Presidents' Day was Feb. 21.

" 'We're just giving back the distortions from the holiday in the prior week,'said Mike Englund, chief economist at Action Economics LLC in Boulder, Colorado."



Please keep your community civil. All comments must follow the Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.

NPR thanks our sponsors

Become an NPR sponsor

Support comes from