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US initial jobless claims in continuing claims.
– 444K unrevised. That was the lowest since March 14, 2020
– Initial jobless claims 406K versus 425K estimate. Down 38,000 and the week
The number is the lowest since March 14 just before the pandemic surge. That level was at 256K. The claims data continues to move steadily to the downside.
Search Web: US initial jobless claims 406K vs 425K estimate
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