Economic Buzz: US initial jobless claims down by 8,000 to 208,000
Meanwhile, the insured unemployment rate ran at 1.2% in the week ending July 4, remaining unchanged in comparison to the previous week, as the insured unemployment number amounted to 1,805,000, down by 16,000 from the previous week's revised figures. The 4-week moving average was 1,811,000, increasing by 1,250 compared to the week prior.
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