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Wednesday
Jul212010

Thursday's Jobless Claims: Will It Be Three in a Row?

In Thursday's release of initial jobless claims, economists will be watching to see if the report can make it three weeks in a row of better than expected results.  Just to highlight how disappointing the labor market has been so far in 2010, the last time we had three consecutive weeks of better than expected jobless claims was in the last two weeks of '09 and the first week of this year.  For tomorrow's report, initial claims will have to come in below 445K in order to make it three for three.

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