Jobless Claims Exceed Forecast on Seasonal Shift

Oct. 18 (Bloomberg) -- More Americans than forecast filed applications for unemployment benefits last week, reflecting an unwinding of adjustments for seasonal swings at the start of a quarter. Jobless claims increased by 46,000 to 388,000 in the week ended Oct. 13 from a revised 342,000 the prior period that was the lowest since February 2008, Labor Department figures showed today. Michael McKee and Betty Liu report on Bloomberg Television's "In the Loop." (Source: Bloomberg)
Global Growth Is Weighing on China: Rudd
26:51 - Former Prime Minister of Australia Kevin Rudd discusses China’s deceleration, iron ore prices and Australia joining the AIIB. He speaks to Bloomberg’s Stephen Engle at the BOAO Forum in Hainan, China. (Source: Bloomberg)
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