U.S. Jobless Claims Fall to Four-Year Low

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March 22 (Bloomberg) -- Applications for U.S. unemployment benefits dropped last week to the lowest level in four years, reinforcing signs the U.S. labor market is picking up. Jobless claims decreased by 5,000 to 348,000 in the week ended March 17, the fewest since February 2008, Labor Department figures showed today in Washington. Betty Liu and Dominic Chu report on Bloomberg Television's "In the Loop." (Source: Bloomberg)

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