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Chart of the Week

Archived Chart: From May 15, 2017

New claims for unemployment for the week of May 6 moved down by more than economists had expected. The less volatile four-week moving average (graph below) remains in a downtrend, sitting near levels not seen since the fall of 1973. This is positive for the U.S. economy and we’ll be watching this key leading indicator closely in the weeks to come. Stay tuned...

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