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NIFE - Weekly Initial Claims For Unemployment Benefits Fall To The Lowest Level Of The Year
Direxion Fallen Knives
Initial claims for regular state unemployment insurance fell by 18,000 for the week ending February 26, coming in at 215,000.
The number of ongoing claims for state unemployment programs totaled 1.906 million for the week ending February 12, a drop of 60,522 from the prior week.
Continuing claims in all federal programs totaled just 64,946 for the week ending February 12, a drop of 2,103.