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US initial jobless claims 212K vs 220k estimate

The US Initial jobless claims for the week of May 11

  • Initial jobless claims 212K versus 220K estimate
  • Contiuing claims 1660K versus 1673K estimate
  • four-week moving average for claims 225K versus 220.25K last month

The fall back lower comes after some volatile weeks that could have been influenced by Easter seasonals.   The numbers can bounce around though.

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