US Jobless Claims Remain Low, Continuing Claims Rise

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Source: ForexLive
US Jobless Claims Remain Low, Continuing Claims Rise
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TL;DR Summary

The US weekly initial jobless claims came in at 217K, slightly lower than the expected 218K. While the report does not raise concerns of a recession, the trend has been showing an increase in claims. The underlying trend can be revealed through revisions, but a 3K revision does not warrant excitement.

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