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Unemployment Claims Drop Sharply to 434K

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Unemployment Claims Drop Sharply

From the Associated Press:


Fewer people applied for unemployment benefits last week, the second drop in a row and a hopeful sign the job market could be improving.

The Labor Department says initial claims for jobless benefits dropped by 21,000 to a seasonally adjusted 434,000 in the week that ended Oct. 23. That's the smallest number of claims since early July. Wall Street analysts had expected a tiny increase.

Read the rest on Yahoo! News


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Questions:
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