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Persons on UE over 7 days jumps 144,000(biggest since 4/01) to 2.80 millio

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papau Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-29-05 09:53 AM
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Persons on UE over 7 days jumps 144,000(biggest since 4/01) to 2.80 millio
http://money.cnn.com/2005/09/29/news/economy/jobless.reut/index.htm

Jobless claims tumble, but..
Biggest one-week decline in 13 years tempered by the fact that Rita's impact not yet felt (and data collection via "call centers")
September 29, 2005: 8:35 AM EDT

WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits dropped by a larger-than-expected 79,000 last week as the number of hurricane-related applications dropped sharply, a government report showed Thursday.

First-time claims for state unemployment insurance aid plunged to 356,000 in the week ended Sept. 24 from an upwardly revised 435,000 the prior week, well below the 420,000 forecast by Wall Street. <snip>

Unadjusted for seasonal factors, jobless claims linked to Hurricane Katrina totaled 60,000 last week, down from 108,000 the prior week, a Labor Department analyst said.

He said revisions to the figures were likely, given that some claims were still being collected using unconventional methods including mobile units and call centers.
<snip>
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