Weekly Jobless Claims Stay Near 7-Year Low

By Mark Memmott

Published April 17, 2014 at 8:38 AM EDT

There were 304,000 first-time claims filed for unemployment insurance last week, up just 2,000 from the previous week's revised figure of 302,000, the Employment and Training Administration said Thursday.

The scant increase means claims continued to run near their lowest pace since May 2007 — seven months before the economy slipped into its latest recession. That downturn officially ended in June 2009, but job growth has remained relatively sluggish for much of the time since then.

According to Reuters, claims "rose less than expected ... offering further evidence of the economy's underlying strength."

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SOMOS CONNECTICUT is an initiative from Connecticut Public, the state’s local NPR and PBS station, to elevate Latino stories and expand programming that uplifts and informs our Latino communities. Visit CTPublic.org/latino for more stories and resources. For updates, sign up for the SOMOS CONNECTICUT newsletter at ctpublic.org/newsletters.

SOMOS CONNECTICUT es una iniciativa de Connecticut Public, la emisora local de NPR y PBS del estado, que busca elevar nuestras historias latinas y expandir programación que alza y informa nuestras comunidades latinas locales. Visita CTPublic.org/latino para más reportajes y recursos. Para noticias, suscríbase a nuestro boletín informativo en ctpublic.org/newsletters.

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