Jobless Claims Make Big Spike To 445K

The number: Way worse than expectations of 415k, and a big jump last week, and a big jump from that sub-400K that we got right at the end of 200.

You know, this is a volatile number, yada yada. There’s also seasonality/weather issues (possibly).

Stocks are slipping a little bit.

Not sure how much stock to put in this: MarketWatch cites a “government official” who cites the jump to paperwork issues.

 

Background: Analysts are looking for 415K which is a bit higher than last week.

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