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4-week jobless aid claims lowest since '08

Reuters

The number of Americans signing up for unemployment benefits fell unexpectedly last week, the latest sign of recovery in the U.S. labor market.

Initial claims for state jobless benefits dropped 15,000 to 358,000, the Labor Department said Thursday. A four-week average of new filings, which provides a better view of the trend, hit its lowest level since April 2008.

The...

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