|
New labor report probably will hurt Bush in Oct
The newest weekly unemployment benefit applications report:In the week ending Aug. 28, the advance figure for seasonally adjusted initial claims was 362,000, an increase of 19,000 from the previous week's unrevised figure of 343,000. Much of the increase is due to Hurricane Charley. Hurricane Frances may have similar effects. The Hurricane Charley effect will have minimal impact on tomorrow's BLS jobs surveys (remember there are two surveys; one of businesses, one of households). However, the Sept report, due out in Oct. will probably show a big hit in the FL numbers. Posted by: mhw 2004-09-02 |
| http://www.rantburg.com/poparticle.php?ID=42198 |