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Jobless Claims Continue to Come in Low

It’s a quiet Thursday in today’s pre-market, with a federal government shutdown keeping us from Weekly Jobless Claims data from the U.S. Department of Labor and Factory Orders from the Census Bureau. With no signs of ending this week, this shutdown will also likely keep nonfarm payrolls from the Bureau of Labor Statistics (BLS) from seeing the light of day tomorrow.Thoughts on Labor Market/Jobless ClaimsInitial Jobless Claims had been coming down drastically, following a multi-year high from Labor Day week ...