NPR logo Jobless Claims Rose By 9,000 Last Week


Jobless Claims Rose By 9,000 Last Week

There were 429,000 first-time claims for unemployment insurance filed last week, an increase of 9,000 from the week before, the Employment and Training Administration just reported.

And in further evidence of a weak labor market, it revised up its estimate of first-time claims from that previous week: to 420,000 from the initial estimate of 414,000 for the week ending June 11.

The ETA also said that "the 4-week moving average was 426,250, unchanged from the previous week's revised average of 426,250." The trend is well above the 350,000-or-below level that would normally be the sign of a healthy economy.



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.