Another Door Opens.. DOL Reports Unemployment Claims Dropped by 7,000 last wee, and the 4-week moving average dropped by 3,250

In the week ending August 6, the advance figure for seasonally adjusted initial claims was 395,000, a decrease of 7,000 from the previous week's revised figure of 402,000. The 4-week moving average was 405,000, a decrease of 3,250 from the previous week's revised average of 408,250.

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