898,000 Americans filed for first-time jobless claims last week, well above the previous week's 845k (and much worse than the 825k expected). This is the biggest rise in claims in 8 weeks...
That's the bad news.
The good news is that continuing claims dropped notably WoW, to their lowest since March...
Indian, Illinois, and Massachusetts saw the biggest increase in jobless claims last week. Michigan, Alabama, and Oklahoma saw the biggest drop...
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