Jobless Claims Climb 10K, 1Q GDP Revised to 2.4%

Jobless Claims Climb 10K, 1Q GDP Revised to 2.4% Play

May 30 (Bloomberg) -- Bloomberg Economics Editor Michael McKee breaks down the numbers in the weekly jobless claims that saw a jump of 10,000 new filings in a holiday-shortened week and also a downward revision of first-quarter GDP to 2.4 percent as reduced government spending shaved off 0.1 of a percent. He speaks on Bloomberg Television's "In The Loop."

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