Initial Jobless Claims Jump To 410K
Gus Lubin | Feb. 17, 2011, 8:30 AM | 455 | 12 2 The number: Initial jobless claims jumped to 410K, slightly higher than expectations of 408K.
Everyone was expecting a bounce back from last week's awesome number (which was revised to 385K).
Continuing claims remained about even at 3911K.
Background: Initial claims posted a large drop last week to 383K, after another big drop the week before to 415K. Analysts were looking for a bounce upward to 408K. Continuing claims were expected to rise to 3900K from 3888K.
Tags: Jobs, Unemployment | Get Alerts for these topics »
Read more:
http://www.businessinsider.com/intial-claims-february-17-2011-2#ixzz1EECV96wi________________________
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Last weeks bogus nuber ws a result o the weather keeping everyone home. Back to reality Hope & Changers.