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Forex Trading: Initial Claims lower than expected but Continuing Claim rise

Posted by Greg Michalowski on Thu, 05/22/2008 - 8:35am in

The Initial Claims fell to 365,000 from a revised 374,000 (original 371,000).  But Continuing Claims were 3,073,000 which was unchanged from last weeks revised higher figure (was originally 3,065,000).  Employment losses are steady but Continuing Claims suggest workers are not finding the replacement jobs.