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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Chispas who wrote (17361)12/2/2004 8:39:29 AM
From: mishedlo  Read Replies (2) of 116555
 
U.S. weekly jobless claims up 25,000 to 349,000 By Corbett B. Daly
WASHINGTON (CBS.MW) -- The number of people filing for state unemployment insurance for the first time rose a sharper-than-expected 25,000 to 349,000 last week, the Labor Department said Thursday. The Labor Department said seasonal adjustments are more difficult around major holidays, including last week's Thanksgiving holiday, and pointed to the four-week moving average as a better gauge of the labor market. The four-week moving average of new claims rose by 4,250 to 336,500. Economists polled by CBS MarketWatch had forecast claims would rise to 331,000.
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