Economic Buzz: US initial jobless claims up by 4,000 to 229,000
The advance seasonally adjusted insured unemployment rate for the week ending May 30 stood at 1.2%, unchanged from the week before. Meanwhile, the insured unemployed figure for the same week stood at 1,795,000, going up by 24,000 from the previous week's revised figure, and the four-week moving average was up by 4,750 to land at 1,780,500.
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