TITLE

Jobless Claims Drop 22,000 to 404,000

AUTHOR(S)
Sanchez, Humberto
PUB. DATE
June 2003
SOURCE
Bond Buyer;6/27/2003, Vol. 344 Issue 31666, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
First-time applications for state unemployment benefits dropped 22,000 to 404,000 in the week ended June 21, 2003. The 404,000 applications figure, the lowest since March 22, 2003 when it measured 402,000, was less than the 418,000 figure predicted by IFR BondData America's poll of economists. The four-week moving average, typically seen as a better gauge of unemployment, was 428,250, a decrease of 5,250 from the previous week's revised average of 433,500.
ACCESSION #
10170998

 

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