Jobless Claims Fell Last Week, Labor Market Firming

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The number of Americans filing new claims for unemployment benefits last week fell slightly more than expected, pointing to an economy that was continuing to gain steam. Initial claims for state unemployment benefits declined 15,000 to a seasonally adjusted 330,000, the Labor Department said on Thursday. However, claims for the prior week were revised to show 6,000 more applications received than previously reported.

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