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NEWS FOR THE WEEK OF MARCH 20

Jobless Claims Fell By Larger-Than-Expected 11,000. Per Capita After-Tax Income Has Increased 8.2%
(“U.S. Jobless Claims Fall To 302,000,” MarketWatch, 3/23/06) Under The Bush Administration. (“Snow Defends President’s
Handling Of Economy,” The Wall Street Journal, 3/20/06)
• The Four-Week Average Of Continuing Claims
Is At Its Lowest In Five Years. (“U.S. Jobless • Per-Person Net Worth Increased 24% From The
Claims Fall To 302,000,” MarketWatch, 3/23/06) End Of 2001 To Early 2005. (“Snow Defends
President’s Handling Of Economy,” The Wall Street Journal,
According To John Challenger Of Gray & Christmas, 3/20/06)
U.S. Graduates Face The Best Job Market Since 2001.
(“Best Job Market In 5 Years For Grads: Report,” Reuters, 3/20/06) Wholesale Inflation Fell 1.4% In Feb. As Gas Prices
Fell 11% (The Largest Decline Since Apr. 2003) And
• Employers Plan To Hire 14.5% More New Natural Gas Prices Fell 4.1% (The Biggest Drop Since
College Graduates Than Last Year. (“Best Job Oct. 2001). (“PPI Falls 1.4% On Sagging Energy Prices,”
Market In 5 Years For Grads: Report,” Reuters, 3/20/06) MarketWatch, 3/21/06)
• Starting Salaries Are Also Expected To Be
Higher Than Last Year. (“Best Job Market In 5 Years
For Grads: Report,” Reuters, 3/20/06)

The Unemployment Rate For Hispanics Has Fallen


From 6.3% In Feb. 2005 To 5.5% In Feb. 2006. (Bureau Of
Labor Statistics Website, www.bls.gov, Accessed 3/21/06)
Last Month, Existing Home Sales Increased By A
The Unemployment Rate For African Americans Has
Larger Than Expected 5.2%, It’s The Largest
Fallen From 10.8% In Feb. 2005 To 9.3% In Feb. 2006.
(Bureau Of Labor Statistics Website, www.bls.gov, Accessed 3/21/06)
Percentage Gain In Two Years. (“Existing Home Sales Rise
5.2% In Feb.,” MarketWatch, 3/23/06)

• Existing Home Sales Were Revised Higher In


January From 6.56 Million To 6.57. (“Existing
Home Sales Rise 5.2% In Feb.,” MarketWatch, 3/23/06)

Last Month, U.S. Orders For Durable Goods (Goods


Expected To Last At Least 3 Years) Rose A Larger
Than Expected 2.6%. (“Durable Goods Orders Rebound In
Feb.,” MarketWatch, 3/24/06)

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