Initial jobless claims in U.S. higher than expected.

Thursday, 19 July 2012 08:11

After dropping to 352 000 last week U.S. jobless claims increased again more than expected. In the week ending 14th of July number of people applying for unemployment benefit rose to 386 000- Department of Labor informed today.
The economists forecasted reading of 367 000.
The less volatile data of average (four weeks) claims reported a decrease to 375 500 last week.