| Topic: |
Politics > Politics-USA |
| User: |
"Harry Hope" |
| Date: |
21 Oct 2004 09:27:56 AM |
| Object: |
Another 329,000 Americans join the jobless lines |
From Reuters, 10/21/04:
http://www.usatoday.com/money/economy/employment/2004-10-21-jobless_x.htm
First-time claims for state unemployment insurance benefits fell to
329,000 last week from a revised 354,000 in the prior week, the Labor
Department said.
Claims for the previous week were originally reported as 352,000.
Hurricanes, which battered Florida and other southern states during
August and September, were not a significant factor behind the drop in
initial claims, a Labor Department analyst said.
The fall was steeper than economists' expectations for a drop to
345,000.
The analyst said there was no specific explanation for the drop in
initial claims, but said when a week includes a federal holiday "it is
not uncommon to be a bit more volatile."
Columbus Day fell on Monday, Oct. 11.
_______________________________________________________________
Folks just keep losing jobs.
Harry
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