Claims Jumping

Published December 31, 2014 2:50pm ET



The Wall Street Journal reports that first time unemployment claims:

 … increased by 17,000 to a seasonally adjusted 298,000 in the week ended Dec. 27, the Labor Department said Wednesday. Economists surveyed by The Wall Street Journal had expected 290,000 new claims.

It is the first economic report in a while that is not glowing and full of promise. But it is also not one that economists find especially troubling.  As Bloomberg reports:

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