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US initial jobless claims fall by 1,000 to 206,000

Initial jobless claims fell by 1,000 to 206,000, broadly aligned with expectations for 205,000. The prior week’s reading was revised upward by 1,000 to 207,000.

Initial jobless claims fell by 1,000 to 206,000, broadly in line with expectations for 205,000 and consistent with a recent stretch of low readings after reaching an almost 60-year low of 189,000 in mid July. The prior week's figure was revised up by 1,000 to 207,000. Continuing cla…