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Barclays economists note this.........>

US DATA REACT
US DATA REACT: Barclays economists note this morning's weekly claims fell to
"historical lows" for a January, last seen in the early 70's. Barclays had
expected a decline after inclement weather had supported the jump in claims for
the wk ended Jan 6. " initial jobless claims are comfortably below where they
were in the December survey week (245k), which bodes well for the outlook on
employment in December."

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