Initial Jobless Claims At 472.000

Initial jobless claims were reported at 472.000. The consensus was at 450.000, last week revised reading was at 456.000.

If we combine this with recent bleak readings for leading unemployment indicators, it looks real bad.

Chart 1. U.S. Initial Jobless Claims

Source: U.S. Department Of Labor

This entry was posted on Thursday, June 17th, 2010 at 7:00 am and is filed under U.S. Economic Data. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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