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US weekly jobless claims fall more than expected

January 10, 2019

Via: CNBC

The number of Americans filing applications for jobless benefits fell more than expected last week, pointing to a strengthening labor market that could further ease concerns about the economy’s health.

Initial claims for state unemployment benefits fell 17,000 to a seasonally adjusted 216,000 for the week ended Jan. 5, the Labor Department said on Thursday. Data for the prior week was revised up to show 2,000 more applications received than previously reported.

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