Well at least the estimate for last week was revised DOWN breaking the streak of upward revisions of 77 weeks.
According to the Labour Department, the Americans that filed in their first initial claims for regular state unemployment-insurance benefits rose by 4K last week to a seasonally adjusted 371K in the week ended January 5, above expectations at 365K and coming from 367K (revised) in the previous print.
Continuing claims, which reflect people already receiving benefits, fell by 127K to a seasonally adjusted 3.109 million in the week ended December 29 vs. 3.236 million in the previous week (revised)
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