Weekly jobless claims moved up while rising prices pointed to some inflation pressure, economic reports showed Thursday. The government said there were 362,000 new claims for jobless benefits, ahead of expectations. Meanwhile, the consumer price index rose 0.3 percent excluding volatile food and energy prices.
Jobless Claims Move Up; Inflation Pressure Builds
- Job Claims Up, Inflation Pressures Mounting ~ Silver up .11 Cents
February 21, 2013 2:53 pm est