After rising unexpectedly last week (to 412k), initial jobless claims were expected to drop back (to 380k), but perhaps most notably, today’s jobless claims report is the first to reflect the early June 12 phase out emergency benefits in Alaska, Iowa, Missouri and Mississippi.
The analysts were wrong - initial claims printed 411k (notably worse than the 380k expected) and relatively flat from the week before...
No comments:
Post a Comment