Thursday, August 19, 2010

Jobless claims at 9-month high

New U.S. claims for unemployment benefits unexpectedly climbed to a nine-month high last week, yet another setback to the frail economic recovery.

'Unexpectedly climbed' for everyone but Insight and community readers. Expect this adjective grouping until the 2011 minor cycle date.

Average Weekly Initial Claims State Unemployment (AWIC) And YOY Change:


Average Continuing Claims State Unemployment (ACC) And YOY Change:


Source: reuters.com

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