NPR logo Jobless Claims Pop Above 400,000


Jobless Claims Pop Above 400,000

The number of Americans filing first-time claims for jobless benefits rose by 6,000 last week, to 402,000, the Employment and Training Administration just reported.

They've basically been hovering around that 400,000 mark all year — another sign that while the economy appears to be growing slowly, it isn't advancing fast enough to boost job growth.

The week's most-anticipated economic report is due to be released Friday at 8:30 a.m. ET. The Bureau of Labor Statistics will offer its estimate of how many jobs were (hopefully) added to payrolls in November, and it will give a preliminary figure on last month's unemployment rate.

In October, BLS has estimated, the jobless rate was 9 percent and private employers added a net 104,000 jobs to their payrolls. The jobless rate has been near or above 9 percent since April 2009.

Reuters reports that economists expect to hear that the jobless rate stayed at 9 percent and that payrolls again increased by slightly more than 100,000 jobs.



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.