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US: Weekly Initial Jobless Claims Retreat to 406K

Adel 27 May, 2021 5:34 pm Breaking News, Market Update

There were 406,000 initial claims for unemployment benefits in the US during the week ending May 22, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading came in better than the market expectation of 425,000 and followed the previous print of 444,000.

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