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JPM economist Jesse Edgerton said.....>

US DATA REACT
US DATA REACT: JPM economist Jesse Edgerton said US initial weekly jobless
claims "remain consistent with a healthy labor market" as "initial claims for
unemployment insurance edged down by 2,000 in the week ending November 25 to a
level of 238,000. The four-week moving average edged up to 242,000, close to the
levels seen this summer before the recent hurricanes began affecting the data."
- He adds that "continuing claims moved up for the second consecutive week, and
the insured unemployment rate remained a tick above its recent low."

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