U.S. Jobless Claims Drop Much More Than Expected To 712,000

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by Super Admin 69 Views

A report released by the Labor Department on Thursday showed a much bigger than expected decline in first-time claims for U.S. unemployment benefits in the week ended November 28th. The Labor Department said initial jobless claims dropped to 712,000, a decrease of 75,000 from the previous week's revised level of 787,000.