Jobless Claims Surge… Due to Snow?
January 27, 2011 at 11:01 AM EST
New jobless claims rose sharply last week, surging 51,000 to 454,000 on a seasonally adjusted basis, the Labor Department reports. New filings for unemployment benefits are now at the highest since last October. Is it time to rethink the economic revival that appeared to be chugging along anew in recent months? The four-week moving average [...]