Applications for Jobless Benefits in U.S. Decreased Last Week

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Fewer Americans filed applications for unemployment benefits last week, a sign the U.S. labor market remained robust entering 2016.

Jobless claims dropped by 10,000 to 277,000 in the week ended Jan. 2, a report from the Labor Department showed on Thursday. The figure was in line with the 275,000 median forecast in a Bloomberg survey of economists.