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Claims jumped to 388k. This was much higher than the 365k economists were looking for.
The 4-week moving average climbed to 365,500 from 364,750.
climbed to 365,500 from 364,750.
Last week's 339k number was revised up to 342k. Last week's report shocked economists when it unexpectedly dropped. The market was looking for 370k.
According to a Department of Labor economists, the bulk of the drop was due to expected claims that weren't filed by one large unnamed state.
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Who would have guessed Obama lied?
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