US Jobless Claims Higher than Consensus

Published March 12th, 2009 - 04:33 GMT
Al Bawaba
Al Bawaba


US initial jobless claims slightly worse at +9k to 654k after analysts were looking for a +5k print. The previous data was also upwardly revised. Continuing claims ascended to a new record high after rising by 193k to 5.32M from 5.12M previous.