Jobless Claims Fall To 452K, Slightly Better Than Expected

Initial claims came in at 452K, which beat expectations of 455K. That’s down 23K from last week’s bad numbers.

Good news, but not enough to stop QE2 or have a big impact on markets.

The 4-week moving average fell 4,250 to 458,000.

Continuing claims were 4.441K compared to 4.450K last week.

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