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Initial Jobless Claims Jumps Most In 2 Months - Unchanged Since End Of QE3

Initial jobless claims have risen for 5 of the last 6 weeks with the last week showing a 12k rise to 282k. This is the biggest weekly rise in 2 months and raises the claims print overall to 2-month highs. Perhaps most remarkable is that initial jobless claims are now back up to unchanged since the end of QE3.

 

 

Charts: Bloomberg