U.S. Initial Jobless Claims At 434.000; Down 44.000

(For The Week Ending May 7, 2011)

Initial jobless claims in the U.S. were reported at 434.000 vs. 430.000 consensus and last week revised (up 4.000) reading of 478.000.

Not looking good.

This entry was posted on Thursday, May 12th, 2011 at 6:38 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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