Unemployment applications drop unexpectedly
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- The number of laid-off workers filing claims for unemployment benefits fell to the lowest level in seven weeks, an unexpected sign of improvement for the jobs market.
- The Labor Department reported Thursday that new applications for unemployment benefits totaled 311,000 last week, a drop of 9,000 from the previous week. It marked the lowest level for jobless claims since July 28.
- The decline came as a surprise for economists who had been forecasting a rise in claims of around 6,000.
Labels: Current Events, news



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