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Jobless Claims Fall By 14,000 In Largest Drop Since April

By Pat Garofalo

"Jobless Claims Fall By 14,000 In Largest Drop Since April"

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Initial jobless claims came in at 374,000 this week, according to the latest data from the Labor Department, falling 14,000 from the previous week. This was the largest drop since April. Economists had expected 385,000 initial claims.

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