Thursday, December 9, 2010

U.S. Weekly Jobless Claims Drop = 17,000 to 421,000 = Four-week average lowest level since Aug 08

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States with largest drops in claims:
Texas: Down 8,742, due to fewer layoffs in service and manufacturing
California: Down 8,320, due to fewer layoffs in services
Florida: Down 7,027 due to fewer layoffs in construction, trade, services and agriculture
Georgia: Down 5,823, due to fewer layoffs in construction, trade, services and manufacturing
North Carolina: Down 4,171, fewer layoffs in services, furniture, and fabricated metals
States with largest increases in claims:
Wisconsin: Up 7,545, due to layoffs in manufacturing
Iowa: Up 2,789, due to layoffs in construction and manufacturing
Idaho: Up 1,810, no reason given
Indiana: Up 1,667, due to layoffs in the auto and manufacturing industries
Washington: Up 1,260, no reason given
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U.S. Weekly Jobless Claims Show Bigger Than Expected Drop
http://www.rttnews.com/Content/AllEconomicNews.aspx?Id=1502487&SM=1
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