producer prices increased sharply in January

 
 

February 18 2010, Jobless Claims rise, Inflation jumps, Economy Wobbles, New applications unemployment insurance surged last week, unemployment benefits increased 31,000, producer prices increased sharply in January

February 18 2010, Jobless Claims rise From CNBC.com, february 18, 2010. “Jobless Claims, Inflation Jump as Economy Wobbles” “The number of U.S. workers filing new applications for unemployment insurance unexpectedly surged last week, while producer prices increased sharply in January, raising potential hurdles for the economic recovery. Initial claims for state unemployment benefits increased 31,000 to 473,000, the Labor Department said on Thursday. That compared to market expectations for 430,000. Another report from the department showed prices paid at the farm and factory gate rose a faster than expected 1.4Read More