Jobless Claims Up More Than Expected
After falling more than expected the previous week
The number of Americans filing new claims for unemployment benefits climbed last week at the fastest pace in six months, a worrisome sign for the economy which has been hit by government austerity.
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FTA:
"...the biggest jump since November and confounded analysts' expectations for a more modest increase.
Claims for the prior week were revised to show 5,000 more applications received than previously reported."
Wow...always unexpected and revised.