WMOT 89.5 | LISTENER-POWERED RADIO INDEPENDENT AMERICAN ROOTS
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Jobless Claims Hold At Five-Year Low

The number of first-time claims for unemployment insurance dipped by 5,000 last week from the week before, to 330,000, the Employment and Training Administration reports.

That means claims remain at a low level not seen since January 2008.

Another measure, the "4-week moving average" that is supposed to give a broader look at the trend, declined by 8,250 — to 351,750.

Bloomberg News cautions that the claims figures may be affected by "challenges in adjusting the data for swings at the start of a year."

Copyright 2021 NPR. To see more, visit https://www.npr.org.

Mark Memmott is NPR's supervising senior editor for Standards & Practices. In that role, he's a resource for NPR's journalists – helping them raise the right questions as they do their work and uphold the organization's standards.