Skip to comments.
U.S. jobless claims drop 7,000 t o 340,000
| Jeffrey Bartash
Posted on 03/07/2013 7:01:16 AM PST by SeekAndFind
Edited on 03/07/2013 7:02:42 AM PST by Admin Moderator.
WASHINGTON (MarketWatch) - The number of people who applied for new U.S. unemployment benefits fell by 7,000 to 340,000 in the week ended March 3, suggesting further improvement in the U.S. labor market.
It was the third lowest number of initial claims in five years, according to Labor Department data. Economists surveyed by MarketWatch had expected claims to rise to a seasonally adjusted 353,000 from a revised 347,000 in the prior week.
(Excerpt) Read more at marketwatch.com ...
TOPICS: Business/Economy; Culture/Society
KEYWORDS: joblessclaims; jobs; unemployment
posted on 03/07/2013 7:03:00 AM PST
by Gene Eric
(The Palin Doctrine.)
Ya, until they re-adjust it upwards in a couple weeks. This has happened far too often for me to believe this initial number.
posted on 03/07/2013 7:23:06 AM PST
(The last thing I want to do is hurt you. But it's still on the list.)
Wow! The Obama economy MUST be getting better better!
Or did 7000 people's unemployment benefits just expire?
posted on 03/07/2013 7:24:49 AM PST
by Slump Tester
(What if I'm pregnant Teddy? Errr-ahh -Calm down Mary Jo, we'll cross that bridge when we come to it)
To: Slump Tester
There’s really no formal statistics connection between UE bennies and the jobs report.
posted on 03/07/2013 7:26:49 AM PST
(Baraq's economic policy: trickle up poverty)
To: Slump Tester
Wait until we get to zero jobless claims then everyone will have disappeared into the woodwork according to the White House three ring circus...
So instead of 347,000 unemployed, there were only 340,000 unemployed.
Well, by golly, Pop the cork Mertle, it's celebration time.
posted on 03/07/2013 7:35:17 AM PST
You mean like the last revision: Initial claims from two weeks ago, meanwhile, were revised up by 3,000 from an original reading of 344,000,
Isn't that like 70 out of 71 weeks now? Anyone have the current streak number?
posted on 03/07/2013 7:42:46 AM PST
(Mike s pending a Conservative party.L)
“So instead of 347,000 unemployed, there were only 340,000 unemployed.”
....until the revision :)
posted on 03/07/2013 8:10:06 AM PST
(Mr. Soetoro, we regret to inform you that your race card is over the credit limit.)
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson