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January 26, 2006

On the Economic Front

The latest weekly jobless numbers also painted a picture of a healthy SPUTTERING underlying economy.

The Labor Department said initial claims for state jobless aid rose 11,000 in the week ended January 21 to 283,000 from an upwardly revised 272,000 the prior week.

Wall Street economists had forecast initial claims would rise to 305,000 from the initially reported 271,000 the previous week.

The four-week moving average of initial claims, which smoothes weekly volatility for a more reliable indication of underlying employment trends, fell by 10,750 to 288,750, the lowest level since July 2000.


Damndamndamndamndamn! Durable goods orders were up, too.

Dead puppies everywhere.

Posted by tree hugging sister at January 26, 2006 09:35 AM

Comments

It's the kittens I worry about. Do you have any idea what happens when Karl Rove ... well, I'd best not say.

Posted by: Cullen at January 26, 2006 10:15 AM

...what happens when Karl Rove

Cat juggles?

Posted by: tree hugging sister at January 26, 2006 04:02 PM