VOA News 12 April 2012
The number of people signing up for unemployment assistance rose by 13,000 in the United States last week. Thursday's report from the Labor Department says a total of 380,000 newly-laid off people asked for compensation for the first time, pushing the number of jobless claims to its highest level in two months. Analysts interviewed by news agencies say the U.S. job market has been improving, but those gains are slowing down.
Another government report says a key measure of inflation at the wholesale level stayed level in March. Outside the volatile areas of energy and food, prices in the overall economy rose three-tenths of a percent, which is a bit more than the previous month.
The World Trade Organization says global trade will grow more slowly this year than last as Europe's debt crisis continues to slow commerce. The WTO report says trade will expand just 3.7 percent in 2012.