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Weekly Jobless Claims Continue To Improve; Down 15K

by The "State" Team

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Economic Update: Weekly Jobless Claims

Initial Claims for Unemployment Insurance for the week ending 2/4 fell by 15,000 to 358K.

The reported total was below the consensus estimate for 370K and also last week’s revised total of 373k.

Continuing Claims for the week ending 1/28 came in at 3.515M vs. consensus of 3.492M and last week’s 3.451M.

 

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