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Jobless Claims Rise: Bad News For Retail?

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By Michael Tarsala Uh Oh. Jobless claims posted their biggest one-week gain in more than a year. An increase of 34,000 from last week brings the new claims reading to 386,000, topping even the highest economic projection out there, at 375,000, and above the consensus expectation of 365,000. What’s arguably worse is the four-week average for continuing claims — arguably a better [...]

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