Thursday, June 21, 2007

Jobless claims rose 10,000 last week

(Reuters) - Wall Street analysts had forecast a slight rise in claims to 312,000 from an initial reading of 311,000 in the week ended June 9.




The closely watched four-week moving average of initial jobless claims, which flattens weekly fluctuations and gives a better sense of what is happening to underlying employment, rose for the fourth consecutive week, rising to 314,500 from 312,000 the prior week.


Read more at Reuters.com Business News

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