Jobless Claims Changed Little Last Week : The Two-Way There were 382,000 first-time claims for unemployment benefits last week, down by just 3,000 from the week before. The pace has changed little over the past year.
NPR logo Jobless Claims Changed Little Last Week

Jobless Claims Changed Little Last Week

There were 382,000 first-time claims for unemployment benefits last week, down by just 3,000 from the week before, the Employment and Training Administration says.

Meanwhile, "the 4-week moving average was 377,750, an increase of 2,000 from the previous week's revised average of 375,750." That figure offers a slightly better look at the trend.

Basically, as we've said many times in recent months, claims have been stuck in a range between 350,000 and 400,000 for the past year and are running at a pace that underscores how the labor market appears to be only slowly improving.