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Initial Jobless Claims expected to come in high

Started by tfn · 5 months ago

On June 5, at 8:30 AM, the Labor Department will report Initial Jobless Claims for the week ending 05/31.
For the last reporting period, in the week ended May 24, initial jobless claims had risen 4,000 to 372,000, from a revised 368,000 the prior week. Analysts expect claims to come in at 370,000.
We believe that growth in the service sector may result in claims around 350,000 or less. ... Continue reading »

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