Thursday, October 18, 2007

Get A Job

A rude surprise. The biggest jump since last February. AP (10.18.07):
"The number of newly laid off workers filing claims for unemployment benefits shot up by the largest amount since early February, a far bigger increase than had been expected.

The Labor Department reported Thursday that applications for jobless benefits hit 337,000 last week, an increase of 28,000 from the previous week."

Jobless Claims Rise Sharply

The smart guys had been figuring a number of around 314,000.

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