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Jobless Claims Fall Slightly in Tight Labor Market
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Filings for U.S. unemployment insurance fell slightly last week and remained near historically low levels amid a still-tight labor market.
Initial jobless claims, a proxy for layoffs, decreased by 4,000 to a seasonally adjusted 222,000 last week, the Labor Department said Thursday. Weekly claims have hovered close to their 2019 average of 218,000 since early September.
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