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U.S. Jobless Claims Fell Last Week in Tight Labor Market

U.S. employees’ filings for unemployment advantages fell final week, suggesting layoffs are holding at a low degree in a decent job market.

Initial jobless claims, a proxy for layoffs, decreased to a seasonally adjusted 232,000 final week from a revised 237,000 the earlier week, the Labor Department stated Thursday. Claims look like on a downward development after ticking up earlier this summer time.

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