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Jobless Claims in U.S. Decreased More Than Forecast Last Week

Bloomberg (03/12/15) Nina Glinski

The number of people applying for unemployment benefits in the week ended March 7 dropped by 36,000 to a three-week low of 289,000, according to the U.S. Department of Labor. The 49 economists surveyed by Bloomberg had forecast claims of 305,000. The four-week moving average of new claims fell by 3,750 to 302,250.