US initial jobless claims rose 17k to 242k in the week ending December 7, above expectation of 221k. Four-week moving average of initial claims rose 6k to 224k. Continuing claims rose 15k to 1886k in the week ending November 30. Four-week moving average of continuing claims rose 3.5k to 188k, highest sine November 27, 2021. […]

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