Initial unemployment filings jump
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Manufacturing News, Source : TheManufacturer.com
Published : 29 Jul 2004 18:29
First-time unemployment filings rose 4,000 to 345,000 for the week ending July 24, the US Department of Labor reported today.
A number of states reported decreases in manufacturing-sector layoffs the previous week, while others reported increases. Indiana, Kansas, Minnesota, Maryland, New Jersey, Wisconsin, Michigan and Texas all reported a drop in manufacturing sector layoffs for the previous week ending July 17. Meanwhile, South Carolina, Mississippi, Georgia, Tennessee and North Carolina reported a rise in layoffs in various manufacturing sectors the same week.
The current overall unemployment rate is 5.6 percent, reported earlier month by the US Bureau of Labor Statistics.
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