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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (21255)	1/13/2005 10:37:09 AM
From: mishedlo	Respond to of 116555

U.S. weekly jobless claims up 10,000 to 367,000 Thursday, January 13, 2005 1:45:28 PM afxpress.com WASHINGTON (AFX) -- The number of people filing for unemployment insurance for the first-time rose by 10,000 to 367,000 last week, the highest since September, the Labor Department said Thursday. The less-volatile, more-informative four-week moving average of new claims rose 12,750 to 344,000, the department said. Economists polled by CBS MarketWatch had expected first-time claims to fall to 339,000. The number of former workers collecting unemployment checks plunged 219,000 to 2.63 million in the week ending Jan. 1, the lowest level since April 2001 ================================================================= Looks like people have been on the rolls so long they are falling off with expired benefits. Good for unemployment stats I guess. No doubt someone brags about that soon. Mish