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| Economy |
| Unexpectedly BIG MISS: Initial Unemployment Claims Rise To 386K |
| 2012-06-14 |
| Initial jobless claims increased during the second week in June, as 386,000 Americans filed for unemployment benefits. The Department of Labor revised last week's reading slightly higher as well, up 3,000 to 380,000. Since the start of the year, initial claims have only topped 390,000 once, and have remained in a tight band between 361,000 and 392,000. |
| Posted by:Beavis |
| #3 Unemployment up, like usual and being adjusted up after the press conference, like usual. |
| Posted by: DarthVader 2012-06-14 13:37 |
| #2 and last weeks were corrected up to 380K, as is usual under Obama's BLS |
| Posted by: Frank G 2012-06-14 13:07 |
| #1 Interesting, but hardly surprising. A potentially more informed picture of what is taking place can be found below. SNAP Statistics |
| Posted by: Besoeker 2012-06-14 12:33 |