Nothing To Do, Nowhere To Go 0
Status quo ante.
Jobless claims increased by 14,000 to 348,000 in the week ended Feb. 22, exceeding all forecasts in a Bloomberg survey and the highest level in a month, from 334,000 in the prior period, a Labor Department report showed today in Washington. A Labor Department spokesman said no states were estimated and there was nothing unusual in the data.
Today’s Labor Department data showed the four-week average of claims, a less-volatile measure than the weekly figure, was unchanged at 338,250.