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Jobless Claims in U.S. Decline to Two-Month Low of 280,000

Bloomberg (09/18/14) Victoria Stilwell

The number of people applying for unemployment benefits in the week ended Sept. 13 fell by 36,000 to 280,000, according to the U.S. Department of Labor—a sign that the labor market continues to strengthen. Economists surveyed by Bloomberg had forecast claims of 305,000. The four-week moving average of new claims declined by 4,750 to 299,500.