TITLE

Jobless Claims Rise 43,000 to 364,000

AUTHOR(S)
Sanchez, Humberto
PUB. DATE
January 2005
SOURCE
Bond Buyer;1/7/2005, Vol. 351 Issue 32045, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article informs for the first-time applications for state unemployment benefits rose by 43,000 to 364,000 in the week ended January 1. According to data released by the Labor Department yesterday, the 43,000 increase is the largest since a 62,000 boost for the week ended March 30, 2002. The applications figure was higher than the 330,000 claims predicted by IFR BondData America's poll of economists, and was up from the previous week's revised 321,000 figure, initially reported as 326,000. In the week ended December 25, the seasonally adjusted insured unemployment rate was 2.2%, unchanged from the prior week's unrevised rate of 2.2%.
ACCESSION #
15603898

 

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