U.S. Initial Jobless Claims At 434.000; Down 44.000
(For The Week Ending May 7, 2011)
Initial jobless claims in the U.S. were reported at 434.000 vs. 430.000 consensus and last week revised (up 4.000) reading of 478.000.
Not looking good.
Global Macro Perspectives
Initial jobless claims in the U.S. were reported at 434.000 vs. 430.000 consensus and last week revised (up 4.000) reading of 478.000.
Not looking good.