U.S. Initial Jobless Claims At 474.000; Up 43.000

May 5th, 2011 by Belisarius

(For The Week Ending April 29, 2011)

Initial jobless claims in the U.S. were reported at 474.000 vs. 410.000 consensus and last week revised (up 2.000) reading of 431.000.

Supposedly one-off effects of auto factories summer closing.

Yeah baby…QE3 stars aligning.

 

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