U.S. Jobless Claims Fall to Lowest Level in 5 Years

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Aug. 1 (Bloomberg) -- U.S. initial jobless claims declined by 19,000 to 326,000 in the week ended July 27, the fewest since January 2008, from a revised 345,000 the prior week, the Labor Department reported today in Washington. Alix Steel and Michael McKee report on Bloomberg Television's "In the Loop." (Source: Bloomberg)

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