Economic Buzz: US initial jobless claims up by 1,000 to 199,000
The advance seasonally adjusted insured unemployment rate for the week ending July 25 stood at 1.2%, unchanged from the week before. Meanwhile, the insured unemployed figure for the same week stood at 1,801,000, going up by 24,000 from the previous week's revised figure, and the 4-week moving average was down by 5,000 to land at 1,791,250.
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