U.S. Initial Jobless Claims At 457.000; Up 20.000

November 4th, 2010 by Belisarius

(For The Week Ending October 30, 2010)

Initial jobless claims in the U.S. were reported at 457.000. The consensus was at 442.000, last week revised (up 3.000) reading was at 437.000.

Again, the decrease did not get confirmed by next week reading. DOL again miscalculated the seasonal effects (Columbus day).

Chart 1. U.S. Initial Jobless Claims


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