It's All Good

KEY POINTS CNBC

  • New filings for jobless claims totaled 881,000 last week, better than the 950,000 Dow Jones estimate.

  • The number reflects both an improving labor market as well as a change in the methodology used by the Labor Department.

  • Continuing claims fell to 13.3 million, a drop of more than 1.2 million from the previous week.

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