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386K File for Unemployment

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  • Description

    FBN’s Robert Gray with jobless claims data for last week and a markets update.

  • Duration 0:55
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Fox Business three.

No fewer Americans joined the unemployment line last week jobless claims figures remain elevated.

Decided muted growth in the labor market 386000.

People filed for first time jobless benefits slightly more than economists expected.

Jobless claims have hovered around 380000.

For the past five weeks.

The US economy expanded at a slower pace during the first three months of the year the final government reading on gross domestic product or GDP.

Decreased one point 9% that was in line with the second reading and Wall Street's expectations.

And a disappointing news on the US economy is weighing heavily on the market skepticism the European Union summit would agree on concrete measures regarding the region's debt crisis.

Also taking -- all check out the Dow is down a 130.

Points at this hour.

And that is the latest from Fox Business -- -- give them power to prosper.

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