Weekly Unemployment Claims at 371K, Higher than Expected
From dshort.com - Advisor Perspectives January 10, 2013 - 9:56am
Jan 10, 2013 Doug Short The Unemployment Insurance Weekly Claims Report was released this morning for last week. The 371,000 new claims number was a 4,000 increase from a 5,000 downward revision for the previous week. The less volatile and closely watched four-week moving average, which is usually a better indicator of the recent trend, rose from 359,000 to 365,750. Here is the official statement from the Department of Labor:More...
This is the largest topic on ewallstreeter. This topic aggregates news and investment advice from over 200 different news sources. It covers all the financial markets, collectively known as Wall Street, as well as international news which affects our markets.