Soaring U.S. Jobless Claims Viewed as Reliable Indicator of Weak Labour Markethttp://www.mortgagenewsdaily.com/7242008_Jobless_Claims.aspInitial claims for unemployment benefits in the United States soared to 406k in the week ending July 19, the highest level since March, according to the Department of Labor on Thursday. Economists said July data has been volatile, but the latest dataenCommunityServer 2008 SP2 (Build: 31106.96)