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Jobless Claims Rose Slightly Last Week

There were an estimated 372,000 first-time claims for unemployment insurance last week, up by 4,000 from the week before, .

Another way of measuring, to show the recent trend, also rose: "The 4-week moving average was 368,000, an increase of 3,750 from the previous week's revised average of 364,250."

Overall, what we've said the past two weeks still applies:

"Claims have stayed in a range between 350,000 and 400,000 all year. The unemployment rate, meanwhile, has also varied little: it's low this year has been 8.1 percent and the high has been 8.3 percent."

Reuters' : "The number of Americans filing new claims for jobless benefits unexpectedly rose last week, suggesting the labor market is healing too slowly to make much of a dent in the unemployment rate."

Copyright 2020 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.
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