Requests for jobless benefits flat at 400,000

[xchrom]

http://www.marketwatch.com/story/requests-for-jobless-benefits-flat-at-400000-2011-08-04

WASHINGTON (MarketWatch) — The number of Americans who applied for unemployment benefits last week held steady at the 400,000 mark, signaling little change in a weak U.S. labor market, government data showed Thursday.

Initial claims for jobless benefits fell by 1,000 to a seasonally adjusted 400,000, the Labor Department said. Economists surveyed by MarketWatch had expected new applications to total 400,000 in the week ended July 30.

Initial claims from two weeks ago were revised up to 401,000 from an original reading of 398,000.

[OhioChick]

1. "While the claims data offers a ray of sunshine..."

Sunshine, my ass.

[xchrom]

2. +1

[jtuck004]

3. That's actually the headlights of the oncoming train... /nt

[OhioChick]

4. And it'll be reported as an "unexpected" train....

:rofl:

[jtuck004]

5. LOL yep. /nt