© 2025 WFSU Public Media
WFSU News · Tallahassee · Panama City · Thomasville
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
WFSU-FM is currently broadcasting at reduced power. We apologize for this inconvenience. And remember, you can stream or listen to WFSU on the App.

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 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.

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.