New weekly jobless claims dipped last week, returning to a downward trend following a brief spike higher.
The Labor Department released its latest weekly jobless claims report Thursday at 8:30 a.m. ET. Here were the main metrics expected from the print, compared to consensus estimates compiled by Bloomberg:
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Initial jobless claims, week ended Feb. 24: 232,000 vs. 235,000 expected and a revised 249,000 during prior week
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Continuing claims, week ended Feb. 12: 1.476 million vs. 1.580 million…
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