NICE BIG DROP IN JOBLESS CLAIMS
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TBILately, it's been nothing but good news in the US jobs market.
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Weekly initial unemployment insurance claims fell to 289,000 from 295,000 a week ago.
This was lower than the 295,000 forecast by economists.
"The four-week moving average of initial claims has been below the 300k threshold for over three months, a sign that involuntary separations are at their nadir," Nomura economists said.
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