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Market Impact: 0.25
U.S. Jobless Claims Unexpectedly Dip To 203,000
Source: Nasdaq
Economic DataLabor Markets & Employment Data
The U.S. Labor Department reported a modest, unexpectedly lower decline in first-time unemployment claims for the week ended Aug. 22. The surprise improvement in initial jobless claims signals slightly firmer labor-market conditions, likely providing a modest support to rate and growth expectations.
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