Thursday, August 23, 2012

INITIAL JOBLESS CLAIMS JUMP TO 372K

Initial jobless claims have come in a tad weaker than expectations.
Analysts had been expecting a reading of 365K, but instead they came in at 372K.
Last week's number was revised up a touch to 368K.
It's not a huge miss or anything, but it's a touch disappointing.
The full announcement is here.
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The first big number of the US economic day is initial jobless claims.
Analysts expect a reading of 365K, basically flat compared to last week's 366K.

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