Most Active Stories
- Boston Bombing Suspect's Body Finally 'Entombed,' Police Say
- Dr. Paul Booth, DePaul University – Cultural Meaning of Doctor Who
- Dr. Frank Elgar, McGill University – Psychological Health and Family Meals
- Dr. Zlatan Krizan, Iowa State University – Envy and Narcissism
- Complaints Voiced At Forum About VA Claims Backlog
Thu March 1, 2012
Jobless Claims Ticked Down Again, Consumer Spending Edged Up
There were 2,000 fewer first-time claims for unemployment last week than in the week before, the Employment and Training Administration reports.
It says there were 351,000 such filings.
Note: Last week, the agency also said there were 351,000 such claims in the previous week. But today, it has revised that figure to 353,000. That explains the estimated 2,000-claims decline. Regardless, claims remain at a four-year-low.
In other economic news, the Bureau of Economic Analysis says consumer spending rose a modest 0.2 percent in January from December. Personal incomes rose 0.3 percent.