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Initial Claims: Where’s the Hiring?
Initial claims were modestly better than expected, rising by 1,000 (Consensus and Decision Economics: +4,000) from a prior-week level revised down by 1,000. No major special factors were noted by Labor department analysts, though holiday and weather-driven reporting delays in Kentucky and D.C. forced estimates to be made. [private]US_14-0123_E1[/private]