Jobless Claims Rise 10k: Biggest Jump in 8 Weeks
July 21, 2011 at 09:55 AM EDT
The message in today’s update on initial jobless claims is that the labor market recovery has stalled. The crowd has more or less suspected as much these last several months, but today’s numbers drive home the point. It’s clear from looking at the trend that we’re stuck in an elevated range. It could be worse, [...]