Jobless claims at lowest level since Spring 2008Posted by RJ and Makay on Dec 16, 2011 |
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The number of Americans who filed new claims for jobless benefits fell sharply last week to its lowest level since May 2008, the Labor Department said today. First-time applications for unemployment compensation declined by 19,000 to a seasonally adjusted 366,000, an indication that the fragile U.S. labor market continues to improve.
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