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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (512277)12/18/2003 11:40:48 AM
From: JakeStraw  Respond to of 769667
 
Jobless Claims Drop, Indicators Rise

Thursday December 18, 11:03 am ET
By Tim Ahmann

WASHINGTON (Reuters) - More good news for the U.S. economy emerged on Thursday with a trio of reports showing a fall in claims for jobless benefits and a climb in two broad indexes of economic health.

First-time claims for state unemployment insurance, a rough guide to the pace of layoffs, plunged 22,000 to 353,000 last week from a revised 375,000 in the prior week, the Labor Department said.

The unexpectedly steep drop brought claims back to the 2-3/4 year low they hit in early November. Wall Street economists had expected claims to slip to 365,000 from the 378,000 originally reported for the Dec. 6 week.

"The jobless claims numbers show the labor markets are improving and that increases the likelihood that the economy will remain strong," said Gary Thayer, chief economist at A.G. Edwards & Sons in St. Louis.

biz.yahoo.com



To: Kenneth E. Phillipps who wrote (512277)12/18/2003 11:48:45 AM
From: DavesM  Respond to of 769667
 
2001 employed Americans: 136,993,000
2002 employed Americans: 136,485,000

seasonally adjusted employment numbers from BLS
Jul 2003, employed Americans: 137,478,000
Aug 2003, employed Americans: 137,635,000
Sep 2003, employed Americans: 137,573,000
Oct 2003, employed Americans: 138,014,000
Nov 2003, Employed Americans: 138,603,000

re:"I repeat - We are experiencing modest economic recovery with weak job growth."



To: Kenneth E. Phillipps who wrote (512277)12/18/2003 11:53:59 AM
From: JakeStraw  Respond to of 769667
 
Goldman, Morgan Stanley Profits Rise