November 1st, 2012 – For: Week Ending October 27th, 2012

 U.S. Initial Jobless Claims fell by 9,000 to 363,000 in the week ending October 27th. The 4-week moving average fell by 1,500 to 367,250. The previous jobless claims number was revised higher to 372,000. A weekly jobless claims number below the 400,000 mark is usually an indicator of job growth.

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