US initial jobless claims dropped to 900k, continuing claims down to 5.05m

<p>US initial jobless claims dropped -26k to 900k in the week ending January 16, higher than expectation of 860k. Four-week moving average of initial claims rose 23.5k to 848k. Continuing claims dropped -127k to 5054k in the week ending January 9. Four-week moving average of continuing claims dropped -67k to 5126k. Full release here. Also […]</p>
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