Good News: Weekly Jobless Claims Drop 10,000
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In a sign that the labor market may be improving, weekly jobless claims dropped 10,000. The new report from the Labor Department shows jobless claims at 390,000 for the week ending November 5, lower than the 398,000 forecast by many. Claims from 2 weeks ago were re-adjusted to 400,000.
This is the lowest level of claims since April.
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