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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Knighty Tin who wrote (11047)	8/26/2004 10:16:57 AM
From: mishedlo	Read Replies (2) of 116555

U.S. jobless claims rise 10,000 on storm damage Thursday, August 26, 2004 12:45:47 PM WASHINGTON (AFX) - First-time claims for state unemployment benefits rose by 10,000 in the week ending Aug. 21 to 343,000, the Labor Department reported Thursday. It's the highest level in four weeks. About half the gain was due to the impact of Hurricane Charley, which battered Florida and other Southeastern states on Aug. 13 and 14, a government official said. Despite the increase, the more reliable four-week average of new claims dipped by 750 to 336,750, the lowest in four weeks. Meanwhile, the number of people collecting state unemployment checks rose by 5,000 to 2.897 million in the week ending Aug. 14. The insured unemployment rate remained at 2.3 percent. ============================================================ I bet it is worse not better How many did NOT file because of Charley Mish

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