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SPSM - Weekly Initial Claims For Unemployment Benefits Rose But The 4-Week Average Fell
SPDR Portfolio Small Cap
Initial claims for regular state unemployment insurance totaled 332,000 for the week ending September 11, a rise of 22,000 from the previous week’s revised tally of 310,000.
The four-week average fell 4,250 to 335,750, the lowest of the pandemic.
The number of ongoing claims for state unemployment programs totaled 2.657 million for the week ending August 28, a drop of 6,097 from the prior week.