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Fewer Americans Than Forecast Filed Jobless Claims Last Week

Bloomberg (07/10/14) Shobhana Chandra

The number of people applying for unemployment benefits in the week ended July 5 fell by 11,000 to 304,000, the fewest in more than a month, according to the U.S. Department of Labor. The 45 economists surveyed by Bloomberg had forecast claims of 315,000. The four-week moving average of new claims dropped by 3,500 to 311,500.