Replies to post #69430 on Options Wonderland

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The Labor Department said Thursday that weekly applications for unemployment aid rose 10,000 to a seasonally adjusted 383,000. The four-week average, a less volatile measure, increased for the first time in a month to 374,500.

Economists were disappointed by the data, particularly when coupled with a separate report Thursday that showed only modest hiring by private businesses in May. On Friday, the government will report on May hiring by private and public employers.
http://www.usatoday.com/money/economy/story/2012-05-31/1q-gdp-weekly-unemployment-benefits-claims/55301940/1