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Thursday
Nov082012

Initial Claims Unexpectedly Fall to 355K

Although the numbers may be skewed due to the effects of hurricane Sandy, this morning's release of initial jobless claims for the latest week showed an unexpected decline to 355K from last week's reading of 363K (expectations were for an increase to 370K).  We will have to wait until next week to see the ultimate impact of Sandy on jobless claims.  Continue reading.

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