Jobless Claims in U.S. Fell by 5,000 Last Week to 382,000

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Fewer Americans filed applications for unemployment benefits last week, signaling the labor market is mending.

Jobless claims declined by 5,000 to 382,000 in the week ended March 19, Labor Department figures showed today in Washington, in line with the median forecast of economists surveyed by Bloomberg News. The total number of people receiving benefits dropped to the lowest level in almost three years.