Initial Claims for Jobless Benefits Rise
June 17th, 2010
Data released by the labor department this morning indicates that first time claims for jobless benefits rose by 12,000 last week to a seasonally adjusted 472,000 Americans. This spike was not expected by analysts and could lead to a rocky day on Wall Street. Stay tuned for a complete review of what this means for the economy as a whole and how it could impact your family’s plans through the summer….
