New jobless claims down, but long-term unemploymen…
Thursday, May 29th, 2003
New jobless claims down, but long-term unemployment up
Reuters reports new U.S. jobless claims fell last week (to 424,000 from a revised 433,000 prior week).
Four-week moving average down to 427,000 from 434,250.
But number of people continuing to draw unemployment benefits rose to highest level in about 18 months (up by 83,000 to 3.76 million).
GDP grew at [...]
George Lenard on General |
New jobless claims down, but long-term unemployment up
Reuters reports new U.S. jobless claims fell last week (to 424,000 from a revised 433,000 prior week).
Four-week moving average down to 427,000 from 434,250.
But number of people continuing to draw unemployment benefits rose to highest level in about 18 months (up by 83,000 to 3.76 million).
GDP grew at [...]
