US retail sales slip, jobless claims rise

jburton

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Thu Feb-12-04 05:35 PM
Original message

US retail sales slip, jobless claims rise

http://story.news.yahoo.com/news?tmpl=story2&u=afp/us_economy

US retail sales slip, jobless claims rise

WASHINGTON (AFP) - US retail sales fell in January as car-buying skidded, and weekly jobless claims rose, data showed, casting uncertainty over the economic pace in early 2004.

snip--

Retail sales -- accounting for one-third of US economic activity -- fell 0.3 percent and vehicle sales slumped by an 11-month record 3.9 percent, the Commerce Department (news - web sites) said Thursday.

It was the first decline in sales in four months.

snip--

A separate report showed the number of new US unemployment benefit claimants grew 6,000 to 363,000 last week, casting further gloom over the sluggish labor market.

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wryter2000

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Thu Feb-12-04 05:40 PM
Response to Original message

1. But, but, but

How is Our President going to create 3.8 million jobs this year if jobless claims rise? </sarcasm>

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Frances

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Thu Feb-12-04 05:44 PM
Response to Reply #1

2. And one newspaper says that Greenspan

said that Bush's plan for jobs is realistic.

It's time for Bush and Cheney and Rumsfeld and Greenspan to be on the unemployed roles.

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lastknowngood

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Thu Feb-12-04 05:45 PM
Response to Original message

3. This economy is booming! Now all he has to do is create

350,000 jobs each month for the rest of the year. Piece of cake. He can do that with one billionaire tied behind his back.

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mountainvue

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Thu Feb-12-04 05:47 PM
Response to Original message

4. All those jobs going overseas

are good for the economy. Please Mr. Bush, can I have another whopper?

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0007

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Thu Feb-12-04 05:49 PM
Response to Original message

5. 3.7 million jobs are on thar way! Just don't hold your breath.

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pinniped

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Thu Feb-12-04 05:50 PM
Response to Original message

6. But Concast commericals keep telling me there has never been a...

better time to buy a new or used car. Why would they lie?

Oh ya, when is pres. POS' going to implement the 3.8m jobs in 2004 machine?

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PROGRESSIVE1

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Thu Feb-12-04 07:41 PM
Response to Original message

7. But the mediawhores are saying that this is an "insignifigant"...

rise that should be ignored and we should all be thankful to * for
"recovering" economy.

:eyes:

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damnraddem

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Thu Feb-12-04 07:53 PM
Response to Original message

8. Oh, yeah, this economy is going to add millions of jobs ...

well maybe a few thousand to unemployment compensation offices to process the increased claims.

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