Friday, May 18, 2012

Jobless claims: worse than we thought

Source: Business Insider

ORIGINAL POST: Big data point coming up at 8:30 AM ET: Initial jobless claims. Analysts are looking for claims of 365K, down 367k last week. If you recall, last week's number was a big relief, as it was down from the previous couple of weeks, which had been spiking. We'll have the number here LIVE. UPDATE: Slight miss. Initial claims come in at 370K, which is the same as last week's upwardly revised 370K. Markets still in the red.

URL to original article: http://www.builderonline.com/builder-pulse/jobless-claims-worse-than-we-thought.aspx?cid=BP:0518112:FULL

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