U.S. Jobless Claims Jump; Consumer Prices Increase
Nov. 15 (Bloomberg) -- More Americans than forecast submitted claims for unemployment insurance last week as superstorm Sandy wreaked havoc on the job market.
Applications for jobless benefits surged by 78,000 to 439,000 in the week ended Nov. 10, the Labor Department said today in Washington. The cost of living rose 0.1 in October, the slowest pace in three months, the Labor Department also reported. Betty Liu, Dominic Chu and Sara Eisen report on Bloomberg Television's "In the Loop." (Source: Bloomberg)