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FTDS - 4-Week Average Of Weekly Initial Claims Hits The Highest Level Since March
FIRST TRUST EXCH
By long-term historical comparison, initial claims remain very low.
The Russian invasion of Ukraine, periodic lockdowns in China, and an intensifying Fed tightening cycle are likely to impact the global economy over the coming months and represent risks to the economic outlook.
Initial claims remain at a very low level by historical comparison, but recent weeks have seen an upward trend become more apparent.