Initial jobless claims steady, continuing claims decline
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•US initial jobless claims 227K vs 230K estimate | Forexlive
78% Informative
Initial jobless claims remain steady but off the 250 K spike last month .
Unit Labor costs revised for the 2Q were also lower at 0.4% from 0.8% preliminary, while productivity rose to 2.5% from 2.3% The NASDAQ is still down -90 point as projected by the futures, but is off the premarket session lows after the ADP .
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