Jobless Claims Unexpectedly Rise; Inflation Pressure Grows YA RIGHT!! people wake UP!
Submitted by raceman60 on Thu, 04/14/2011 - 9:12am
New claims for unemployment benefits unexpectedly rose last week, bouncing back above the key 400,000 level, while core producer prices clumbed faster than expected in March, government reports showed on Thursday.
Initial claims for state unemployment benefits rose 27,000 to a seasonally adjusted 412,000, the Labor Department said.