Assuming the last few weeks were useless garbage data and based on the fact that the government claims no states “estimated” data this week, the 5th weekly miss in a row for jobless claims (albeit very minor) has the level reverted to mid-August levels. Notably, extended and emergency benefits rose 65,000 to 1.37 million people.
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via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/25bdPlMwvbI/story01.htm Tyler Durden