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US initial jobless claims rose 11k to 235k in the week ending August 16, above expectation of 227k. Four-week moving average of initial claims rose 4.5k to 226k.
Continuing claims rose 30k to 1972k in the week ending August 9, highest since November 6, 2021. Four-week moving average of continuing claims rose 7k to 1955k.
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