Thumbs Down: DOL announces unemployment jumps last week.
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Good news is that moving average is down.
In the week ending June 12, the advance figure for seasonally adjusted initial claims was 472,000, an increase of 12,000 from the previous week's revised figure of 460,000. The 4-week moving average was 463,500, a decrease of 500 from the previous week's revised average of 464,000.
Read the full news release.
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