Jobs report

Latest DOL numbers for first-time jobless claims. After dipping to the lowest levels in two years earlier a couple months ago, this particular number has risen sharply over the past weeks, giving some reason to fear growing unemployment and a "double dip." More details soon:

In the week ending June 11, the advance figure for seasonally adjusted initial claims was 414,000, a decrease of 16,000 from the previous week's revised figure of 430,000. The 4-week moving average was 424,750, unchanged from the previous week's revised average of 424,750.

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