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Low Jobless Claims Reflect High Demand For Labor, Economists Say
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New filings for unemployment benefits are again expected to decline after rising slightly in mid-January as demand for workers remains elevated and a surge in Covid-19 cases from the Omicron variant eases.
Economists surveyed by The Wall Street Journal expect the Labor Department to report that initial jobless claims dropped to 245,000 in the week ended Jan. 29, from 260,000 the prior week.
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