Initial Claims Completing Bowl Bottom Reversal


ECONODAY: The labor market remains solid and unemployment claims very low. Initial claims in the February 27 week did edge 6,000 higher to 278,000 but the 4-week average is down 1,750 to a 270,250 level that, significantly, is nearly 15,000 below the month-ago trend. This comparison offers a positive signal for February's employment conditions...


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