First Time Unemployment Claims Surge 12,000; Much Worse Than Forecast -- September 3, 2015

From trading economics.com:

The number of Americans filling for unemployment benefits was 282,000 in the week ended August 29th, an increase of 12,000 from the previous week's downwardly revised level of 270,000 and beating market expectations of 275,000.

The 4-week moving average was 275,500, an increase of 3,250 from the previous week's revised average. The previous week's average was revised down by 250 from 272,500 to 272,250.

So far not being reported over at Yahoo!News. We'll see the spin later.

I think this data is correct; the date on the linked website was not easily visible but I do believe this is correct. It will be confirmed by Reuters or Bloomberg later. If this information is important to you, go to the source.

Later, 8:30 a.m.: Here it is, the Reuters spin -- "unemployment up, labor market remains strong."

The number of Americans filing new applications for unemployment benefits rose more than expected last week, but the underlying trend remained consistent with a strengthening labor market.

Initial claims for state unemployment benefits increased 12,000 to a seasonally adjusted 282,000 for the week ended August 29, 2015.

The jobs data will be released tomorrow; it is expected to show some job growth, but Reuters is preparing reading for a disappointing report:

Job gains could come in below expectations as the first reading of August payrolls has tended to be weaker in the last several years before being revised higher.