Jobless claims steady (342000-up from 338000? or down from 345000 revised?

[papau]

Jobless claims steady

New claims for unemployment benefits slip from upwardly revised level in prior week.
April 1, 2004: 8:33 AM EST



NEW YORK (CNN/Money) - New jobless claims edged down last week, the government said Thursday, coming in a shade above forecasts on Wall Street.

The Labor Department said 342,000 people filed new claims for state unemployment benefits in the week ended March 27, compared with a revised 345,000 the prior week. Economists, on average, expected 340,000 new claims last week, according to Briefing.com. Unemployment Initial Claims: 342,000


Mar 27 2004

http://www.dol.gov/opa/media/press/eta/ui/current.htm

8:30 A.M. (EST), THURSDAY

[phone]
March 25, 2004
Calendar Year 2004 Seasonal Factors: Seasonal factors for CY 2004 and the revised historical series for CY 1998-2003 for both initial claims and continued claims will be made available on April 1, 2004, with the release of the Unemployment Insurance Weekly Claims Report.

UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT

SEASONALLY ADJUSTED DATA

In the week ending March 20, the advance figure for seasonally adjusted initial claims was 339,000, an increase of 1,000 from the previous week's revised figure of 338,000.



http://money.cnn.com/2004/04/01/news/economy/jobless/index.htm

Unemployment Initial Claims: 342,000
Mar 27 2004 U.S. Jobless Claims Seen Rising; Manufacturing Growth May Slow
April 1 (Bloomberg) -- The number of Americans filing initial claims for jobless benefits may have risen last week and manufacturing growth may have slowed in March, economists said in advance of reports being issued today in Washington.

States received 340,000 new requests for assistance in the week that ended March 27, up from 339,000, according to the median of 37 estimates in a Bloomberg News survey. The Labor Department issues its report at 8:30 a.m. Claims fell to a three- year low of 338,000 in the week that ended March 12.

A reading of 59.5 is expected in the Institute for Supply Management's factory index for last month, according to the median of forecasts. It would compare with 61.4 the previous month, and a January reading of 63.6 that was the highest since December 1983. The report is set for 10 a.m. All numbers higher than 50 indicate growth.


(The economy created an average of 197,000 jobs a month during the record 1991-2001 expansion.)

BUT IF YOU WANT POSITIVE SPIN
Jobless claims unchanged
4-week average steady at 340,250, lowest since Jan. 2001

By Rex Nutting, CBS.MarketWatch.com

WASHINGTON (CBS.MW) - The average number of weekly filings for state unemployment benefits over the past four weeks was unchanged last week at 340,250, the lowest since January 2001, the Labor Department reported Thursday.

Initial claims for benefits in the week ending March 27 fell 3,000 to 342,000 from a revised 345,000.

Jobless Claims Fall, Sign of Fewer Layoffs
Fewer People Filed New Applications to Collect Unemployment Benefits Last Week, a Sign of Fewer Layoffs =The Associated Press

[daa]

1. Every week

the claims are down and the prior week is revised up. Just Bush faking the numbers so the headline reads "Claims down."

If you belive that you will also belive the PPI didn't go up in February either. Oil is free. Liars.

[mbperrin]

2. Hey! Food is free, too! Great jobs for everybody! Woo-

hoo!

(Doing oxy this early is bad!)

[sam sarrha]

3. here in El Paso TX there is a of of racial prejudice in hiring ...

the only jobs oround here are in illegal sweat shops and the Mexicans wont hire white people... so I'm screwed !