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Weekly unemployed claims



The number of Americans who sent applications for unemployment dropped from almost 1-1 / 2 years high last week, pointing to continued labor market strength.

Initial claim for state unemployment distributed on 19,000 to a seasonally adjusted 234,000 for the week ended February 2, said the Ministry of Labor on Thursday.

Requirements jumped to 253,000 last week, which was the highest reading since September 2017, meanwhile, in the California service industry.

Economists owed the rise in strike by teachers in California, a 35-day partial closure of the federal government, as well as difficulty adjusting the data on moving holidays such as the Martin Luther King Jr., which happened later this year than before.

The government's closure ended January 25, after President Donald Trump and Congress agreed on temporary public funding without money for their US and Mexico border walls.

Economists asked by Reuters had forecast claims falling to 221

,000 in the past week. The Ministry of Labor said no states were estimated last week.

The four-week moving average of initial claims, considered a better measure of labor market developments as it stretches from the week to infinite volatility, rose 4,500 to 224,750 last week.


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