Seeking Alpha

Jobless claims at 350K

  • Initial Jobless Claims: -12K to 350K vs. 335K consensus, 362K prior revised (358K prior week).
  • Continuing claims -8K to 2.87M.
Comments (5)
  • al roman
    , contributor
    Comments (4766) | Send Message
     
    Demand for pipes,batteries,Liquef... & Art must be picking up.
    24 Oct 2013, 08:47 AM Reply Like
  • mrdirt
    , contributor
    Comments (437) | Send Message
     
    California data was once again distorted due to computer-related systems upgrade, a Labor Department spokesman said.

     

    “Weekly applications spiked three weeks ago as California began working through those claims and the shutdown caused temporary layoffs by government contractors. Applications have declined for two weeks since then,” the Associated Press report... The states with the largest increases in initial claims for the week ending Oct. 12 were California (+11,781), Pennsylvania (+3,362), New York (+2,443), Illinois (+2,178), and South Carolina (+1,182).
    24 Oct 2013, 09:00 AM Reply Like
  • DonSimon
    , contributor
    Comments (76) | Send Message
     
    More quit looking it seems. Watch the unemployment rate drop again!
    24 Oct 2013, 09:03 AM Reply Like
  • al roman
    , contributor
    Comments (4766) | Send Message
     
    What Torpedo's !
    24 Oct 2013, 09:07 AM Reply Like
  • quinnman
    , contributor
    Comments (104) | Send Message
     
    The consensus was 335M not 355M. The highest predicted of those surveyed by Barrons was 350M. That was the highest. Check your numbers before you post
    24 Oct 2013, 11:06 AM Reply Like
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