Thursday, February 27, 2014

Jobless claims climb unexpectedly

Any bad news oncerning thw economy is "unexpected" when it comes to the MSM particularly the clueless MSNBC.

The number of people who applied for U.S. unemployment benefits jumped by 14,000 to 348,000 last week to match a five-week high, the Labor Department said Thursday. Economists surveyed by MarketWatch expected claims to total 335,000 on a seasonally adjusted basis. The average of new claims over the past month, a more reliable gauge than the volatile weekly number, was unchanged at 338,250.

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