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HERE COMES INITIAL JOBLESS CLAIMS...

Sam RoJul 10, 2014, 17:46 IST

TBI

At 8:30 a.m., we'll get the latest weekly count of initial unemployment insurance claims.

Economists estimate that the level of claims was unchanged at 315,000.

"Initial jobless claims continue to linger below 320k," said Nomura economists. "This suggests that layoffs have bottomed out and also corroborates the strong payroll growth and declines in the unemployment rate we?ve seen this year."

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