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Jobless Claims Drop as U.S. Employers Keep Holiday Workers

Bloomberg (01/08/15) Nina Glinski

The number of people applying for unemployment benefits in the week ended Jan. 3 dropped by 4,000 to 294,000, according to the U.S. Department of Labor. The 45 economists surveyed by Bloomberg had forecast claims of 290,000. The four-week moving average of new claims dropped by 250 to 290,500.