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Initial Weekly Jobless Claims Drop

Some good news from the Department of Labor: initial jobless claims dropped last week, falling from an adjusted 478,000 to 451,000. Still, the number is high,

Jul 31, 2020
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Some good newsfrom the Department of Labor: initial jobless claims dropped last week, falling from an adjusted 478,000 to 451,000. Still, the number is high, as it has been since January. Weekly claims need to decline into the 300,000s to indicate a drop in the overall unemployment rate.
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Camilo Wood

Camilo Wood

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Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing. Throughout his career, Camilo has contributed to numerous publications, covering a wide range of topics such as global economic trends, investment strategies, and market analysis. His articles are recognized for their insightful analysis and clear explanations, making complex financial concepts accessible to readers. Camilo's experience includes working in roles related to financial reporting, analysis, and commentary, allowing him to provide readers with accurate and trustworthy information. His dedication to journalistic integrity and commitment to delivering high-quality content make him a trusted voice in the fields of finance and journalism.
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