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Initial jobless claims confirmatory of continued expansion

Initial jobless claims confirmatory of continued expansion  – by New Deal democrat Initial claims continue at their very low level, declining -9,000 to 218,000 last week.  The four-week moving average rose 3,750 to 212,250. With the usual one-week lag, continuing claims declined -23,000 to 1.871 million: For forecasting purposes the YoY% change is more important. […]