A Disappointing Initial Jobless Claims Count
April 08, 2010 at 10:16 AM EDT
This morning’s update of weekly jobless claims is a reminder that last week’s encouraging monthly employment report for March isn’t likely to lead to a quick fix for the labor market. New filings for jobless benefits jumped by 18,000 last week to a seasonally adjusted 460,000. Weekly numbers for this series are notoriously volatile, but [...]