US initial jobless claims rise to 237k vs exp 232k

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US initial jobless claims rose 8k to 237k in the week ending August 30, above expectation of 232k. Four-week moving average of initial claims rose 2.5k to 231k.

Continuing claims fell -4k to 1940k in the week ending August 23. Four-week moving average of continuing claims fell -7k to 1947k.

Full US jobless claims release here.

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