Title: Bad News For Those Rooting Against The US Economy - Jobelss Claims Fall Source:
Bloomberg News URL Source:http://www.bloomberg.com Published:Feb 11, 2010 Author:None Bloomberg Headline Post Date:2010-02-11 08:40:02 by war Keywords:None Views:350 Comments:4
*U.S. FOUR-WEEK CLAIMS AVERAGE FALLS TO 468,500 FROM 469,000
*U.S. PRIOR WEEK INITIAL CLAIMS REVISED TO 483,000 FROM 480,000
*U.S. JOBLESS CLAIMS LOWER THAN 465,000 MEDIAN FORECAST
*U.S. INITIAL JOBLESS CLAIMS FELL 43,000 TO 440,000 LAST WEEK
NEW YORK (CNNMoney.com) -- The number of Americans filing for initial unemployment insurance fell sharply last week, according to government data released Thursday.
There were 440,000 initial jobless claims filed in the week ended Feb. 6, down 43,000 from a revised 483,000 the previous week, the Labor Department said in a weekly report.
Economists were expecting initial claims to drop to 465,000, according to a consensus estimate from Briefing.com.
The 4-week moving average of initial claims, which smoothes out volatility in the measure, was 468,500. That's down 1,000 from the previous week's revised average of 469,500.
Being a Republican means you get to choose your own reality.
They'll be back up on weather this week [next Thursday's release.]
Of further note is that this is the household survey week, too. The household survey is very cut and dry, you either worked or did not. Look for February's unemployment rate to be distorted...
I've met quite a few Red's players, and Bengals players over the past thirty years or so, but thats the closets I come to being around pro athletes.
Badeye [being Freudian] posted on 2007-03-29 16:32:21 ET Reply Trace
But the so-called continuing claims do not include millions of people who have used up the regular 26 weeks of benefits typically provided by states, and are receiving extended benefits for up to 73 additional weeks, paid for by the federal government.
my anti groupie can't get through life without me.
But the so-called continuing claims do not include millions of people who have used up the regular 26 weeks of benefits typically provided by states, and are receiving extended benefits for up to 73 additional weeks, paid for by the federal government.
Yea so? They are captured in either or both of NFP and household...
I've met quite a few Red's players, and Bengals players over the past thirty years or so, but thats the closets I come to being around pro athletes.
Badeye [being Freudian] posted on 2007-03-29 16:32:21 ET Reply Trace
