The agency also said that the "4-week moving average" of claims — a way of gauging the trend over a slightly longer period of time — was "396,750, a decrease of 4,000 from the previous week's revised average of 400,750."
As the congressional "supercommittee" runs out of time to reach a deficit-cutting deal, the word "sequestration" is being spoken more and more in Washington.
Depending upon the speaker's political views, the word can be spit out as a curse word, or intoned as a blessing. But love it or hate it, "sequestration" may turn out to be a word that dramatically changes the world's most powerful military, and reshapes domestic programs for public health, education, the environment and much more.
Supercommittee member, Senate Finance Committee Chairman Max Baucus, D-Mont., third from left, holds his hand out at a hearing Oct. 26. From left are, Supercommittee Co-Chair Sen. Patty Murray, D-Wash., Sen. Jon Kyl, R-Ariz., Baucus, Sen. Rob Portman, R-Ohio, and Sen. John Kerry, D-Mass.
As the sun rose on Zuccotti Park, a crowd began to gather. Amid the falling leaves and the the occasional shouts for a "mic check," the park was flooded by TV camera lights and the constant hum of two helicopters flying high above the buildings.
It's a cold day in New York and the Occupy Wall Street movement is hoping for a strong showing to mark their second anniversary, but by 6:30 a.m., the crowd was thin, perhaps 100 people.
Robert Segal, 47, said he was not going to march today, but he was here to "support community building."
College graduates face one of the bleakest job markets on record. Reporter Sayre Quevedo of TurnstyleNews.com met an aspiring accountant who emailed resumes for six months and then tried on something more daring.
Sao Paulo, Brazil, is an economic engine in a booming country. It's also a huge mess, with traffic jams that go for miles, crumbling infrastructure and shoddy airports. Urban planners say it needs a major makeover, including razing the Minhocao, an elevated highway known as the "Big Worm."
Neide Batochio loves to sew on her old Singer, strategically placed at a desk in front of her window. She says that way she can see the Minhocao, which twists and turns feet from bedroom windows for 2.2 miles through the center of the city. She says the sound's not so bad.