U.S. Initial Jobless Claims Fell by 42,000 to 415,000
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The number of Americans filing first-time claims for unemployment insurance fell last week, led by southern states that were affected by storms in prior weeks.
Applications for jobless benefits decreased by 42,000 to 415,000 in the week ended Jan. 29, Labor Department figures showed today. Economists forecast claims would fall to 420,000, according to the median estimate in a Bloomberg News survey. The total number of people receiving unemployment insurance and those collecting extended payments decreased.