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Strategies & Market Trends : Market Direction Predictions and BS guesses

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To: fut_trade who wrote (203)6/22/2000 8:45:00 AM
From: Vitalsigns   of 234
 
8:30 a.m. EDT:Initial jobless claims for the week ended
June 17. Consensus estimate: 289,000. Prior report: 296,000.


8:37 am
theglobeandmail.com

U.S. unemployment numbers rise

Globe and Mail Update

Jobless figures released today suggest the hot labour market in the United States is
beginning to cool.

Labor Department figures show that first-time jobless claims rose to a seasonally adjusted
figure of 302,000. It's the highest level in more than a year.


This data is the latest in a growing number of indications that the U.S. economy is
slowing. The number is slightly higher than expected.

In April, first-time jobless claims in the United States were at 257,000. That was the
lowest figure in almost 30 years.
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