Economic Buzz: US initial jobless claims up by 13,000 to 225,000
The advance seasonally adjusted insured unemployment rate for the week ending May 23 stood at 1.2%, unchanged from the week before. Meanwhile, the insured unemployed figure for the same week stood at 1,777,000, going down by 8,000 from the previous week's revised figure, and the four-week moving average was up by 4,750 to land at 1,777,250.
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