TITLE

Jobless Claims Slide 9,000 to 316, 000

AUTHOR(S)
Vadum, Matthew
PUB. DATE
February 2005
SOURCE
Bond Buyer;2/4/2005, Vol. 351 Issue 32064, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that first-time applications for state unemployment fell by 9,000 to 316,000 in the week ended January 29, according to data released by the Labor Department. The applications figure was below the 330,000 claims predicted by IFR BondData Americas' poll of economists, and was down from the previous week's unrevised figure of 325,000. The last time initial claims were this low was the week ended December 11, 2004, when the report level was also 316,000. This level is close to the 300,000 level that many economists believe is indicative of a tight labor market.
ACCESSION #
15950825

 

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