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US INITIAL JOBLESS CLAIMS ACTUAL: 189K VS 194K PREVIOUS; EST 196K
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US initial jobless claims came in at 189,000 for the latest week, below the 196,000 estimate and down from the prior 194,000 reading. The lower-than-expected print signals continued tightness in the labor market, which matters for Federal Reserve rate expectations and near-term Treasury yields. Watch next week's claims revisions and the upcoming payrolls data for confirmation of the trend.
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US Department of Labor