Looking Toward Friday’s Numbers
June 02, 2011 at 11:26 AM EDT
Initial Claims for Unemployment Insurance fell by 6,000 last week to 422,000. This was worse than the expected level of 413,000. The trend in initial claims had been moving downward, although with some bumps along the way. Last month, they have started to shoot back up again. This is a very worrisome trend, though we [...]