US weekly jobless claims total 1.877 million, vs 1.775 million expected

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  • Filings for unemployment insurance claims totaled 1.877 million last week.
  • The total represented a decline from the previous week’s upwardly revised total of 2.126 million.
  • Continuing claims, which provide a picture of how many Americans remain unemployed, totaled 21.5 million, a gain of 649,000 over the past week.