Jobless Claims Pop As Predicted


ECONODAY: There are no special factors behind a very large jump, the second large jump in a row, in initial jobless claims, up 20,000 in the May 7 week following a 17,000 rise in the prior week. The week's 294,000 level is the highest since February this year. The 4-week average is up a very sharp 10,250 to a 268,250 level that is still, nevertheless, stable against the month-ago comparison...