Fewer Americans Filed Jobless Claims Over Past Month
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Fewer Americans filed claims for unemployment insurance payments over the past month, indicating the labor market is improving.
The average number of applications for jobless benefits over the past four weeks dropped to 410,750, the lowest level since July 2008, Labor Department figures showed today in Washington. Claims for the week ended Jan. 1 rose by 18,000 to 409,000, in line with the median forecast of economists surveyed by Bloomberg News.