Initial Jobless Claims Of 444,000 Still Way Too High

pinkslip tbi

Analysts were looking for 440k. This is not a huge miss, obviously, but still disappointing in terms of how elevated jobless claims still are.

The number is a slight improvement from the 451K we saw last week.

Stocks are actually coming in a little, though still look to be heading down.

Continuing claims of 4.59M were a little ahead of expectations.

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