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Unexpectedly BIG MISS: Initial Unemployment Claims Rise To 386K
Initial jobless claims increased during the second week in June, as 386,000 Americans filed for unemployment benefits.

The Department of Labor revised last week's reading slightly higher as well, up 3,000 to 380,000.

Since the start of the year, initial claims have only topped 390,000 once, and have remained in a tight band between 361,000 and 392,000.
Posted by: Beavis 2012-06-14
http://www.rantburg.com/poparticle.php?ID=346558