Jobless Claims Rose By 13,000 Last Week
There were 13,000 more first-time claims for jobless benefits last week than the week before, the Employment and Training Administration just reported.
The agency says there were 380,000 such applications, up from 367,000 (a number that has been revised upward; previously, the agency had estimated there were 357,000 claims in the week ended March 31).
Claims had been running at the lowest pace since March and April 2008. At 380,000, the pace is the lowest since June 2008.
The pace is also now back to where claims were running in January of this year.