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This is the part that scares me, the continuing claims. It looks like the number is dropping, but that is Only because the people are falling off the First stage of unemployment.
"The government also said 4.48 million people filed continuing claims in the week ended Aug. 7, the most recent data available. That's down 13,000 from the preceding week.
Continuing claims reflect people who file each week after their initial claim until the end of their standard benefits, which usually last 26 weeks. The figures do not include those who have moved to state or federal extensions, nor people who have exhausted their benefits but are still out of a job."
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