How has the Labor Department changed its seasonal adjustment factors?
U.S. Jobless Claims Decline by More Than Forecast to 166,000

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2.
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What does the recent data suggest about the labor market?
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3.
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What is the significance of the jobless claims in relation to the recession?
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What challenges are presented by the coincident indicators mentioned?
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5.
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What does the speaker imply about the Fed's actions in the current economic climate?
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