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News Link • Economy - Economics USA

Hello Double-Dip: Initial Jobless Claims Surge To 472,000

The number: And the number is out at 472,000, which is way too high for comfort. Initial weekly jobless claims have been stuck around 450,000 for a long time. Markets had been ignoring this fact for awhile, but the recent fall-off in new jobs created has refocused everyone on this initial number. Today the estimate is for 450k right on the button.

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