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Continuing Jobless Claims Hit 3-Month-Highs
Continuing Jobless Claims Hit 3-Month-Highs
The number of Americans filing for unemployment benefits for the first time fell from 230k (4 month highs) to 226k (vs 225k exp) last week - elevated but still within the range of the last four years...
Source: Bloomberg
Pennsylvania and Oregon saw the largest rise in initial claims last week while Ohio and Illinois saw the biggest decline...
Meanwhile, continuing jobless claims rose back above 1.8 million Americans - the highest print in 3 months - but still well off cycle highs near 2 million in Q4...
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