Initial Jobless Claims At 451.000; Down 27.000 (Update)
(For The Week Ending September 3, 2010)
Initial jobless claims were reported at 451.000. The consensus was at 470.000, last week revised (up 8.000) reading was at 478.000.
Bloomberg: Jobless Claims in U.S. Decreased 27,000 to 451,000 Last Week.
...For the latest reporting week, nine states didn’t file claims data to the Labor Department in Washington because of the federal holiday earlier this week, a Labor Department official told reporters. As a result, California and Virginia estimated their figures and the U.S. government estimated the other seven, the official said…
Chart 1. U.S. Initial Jobless Claims