More Economic News From Hooverville

 

According to the Labor Department, first-time claims for state jobless aid fell to 321,000 in the week ended May 14 from an upwardly revised 341,000 the previous week.

Wall Street economists had forecast new claims to fall 10,000 to 330,000 from the originally reported measure.

“It’s an indication that broader job growth is holding steady in the 175,000 to 200,000 range for nonfarm payrolls each month,” Hembre said.

See the full report from the Department of Labor.

This coupled with other great news in the economy like Crude price slides as stockpiles hit six-year high.

Let’s take a look at some other beneficial economic indicators.

Other interesting economic information can be found at PoliPundit.

Posted May 19, 2005 by
Economy | no comments


If you liked this post, you may also like these:

  • Welcome To Hooverville
  • Back To Hooverville for First Quarter GDP
  • October Unemployment Rate at 4.4%, Lowest in 5 1/2 Years … All part of that Bad Economy We hear About
  • More Bad News From Hooverville
  • Welcome to Obamaville: Gross Domestic Product (GDP) Rose a Pathetic 1.3% in Second Qtr




  • Comments

    Leave a Reply




    Support Scared Monkeys! make a donation.

     
     
    • NEWS (breaking news alerts or news tips)
    • Red (comments)
    • Dugga (technical issues)
    • Dana (radio show comments)
    • Klaasend (blog and forum issues)
     
     
     
     
     
     
     
    Close
    E-mail It