Economic Reports 09/13/07

Summary: Media spin sez improving employment, market jumps. Under the sheets...

long term unemployment worsens and the bleed from housing into other sectors continues.

Initial Claims 09/08 +4K to 319K
Full Report

Inside the number: prior 319K revised down to 315K. 4 week MA -1K at 324K.
Continuing claims -6K at 2.585M, 4 week MA +9K at 2.578M.

STATES WITH AN INCREASE OF MORE THAN 1,000
State Change Supplied Comment
KY +1,080 manufacturing
TX +1,529 public administration, service, finance, manufacturing

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