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U.S. Jobless Claims Unexpectedly Drop To Seven-Month Low

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing an unexpected decrease in first-time claims for U.S. unemployment benefits in the week ended November 30th. The report said initial jobless claims slipped to 203,000, a decrease of 10,000 from the previous week’s unrevised level of 213,000.
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