Initial Claims: Still muddy, probably stable

Posted July 19, 2012 by Editor

[private]Initial claims rise a more-than-expected 35,000 (Consensus and Decision Economics: +15,000) from a prior-week level revised up by 2,000.  The new figure covered the July payroll-survey week, closing out the four-week month, and, at 386,000, put the monthly average figure at 376,000–compared with 385,000 in the June payroll month.

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