- Infowars - http://www.infowars.com -

Jobless claims up 12% in past 2 weeks

Posted By admin On February 25, 2010 @ 10:15 am In Old Infowars Posts Style,U.S. News | Comments Disabled

Blake Ellis
February 25, 2010

  • A d v e r t i s e m e n t
  • {openx:49}

The number of Americans filing for initial unemployment insurance surged to just below the 500,000 level last week, and have climbed more than 12% over the past two weeks, the government said Thursday.

There were 496,000 initial job claims filed in the week ended Feb. 20, up 22,000 from a revised 474,000 the previous week, the Labor Department said in a weekly report. The prior week, there were 442,000 claims filed.

A consensus estimate of economists surveyed by Briefing.com expected new claims to fall to 460,000.

The 4-week moving average of initial claims was 473,750, up 6,000 from the previous week’s revised average of 467,750.

Read entire article

Article printed from Infowars: http://www.infowars.com

URL to article: http://www.infowars.com/jobless-claims-up-12-in-past-2-weeks/

Copyright © 2015 Infowars. All rights reserved.