The number of people applying for unemployment benefits in the week ended May 30 declined by 8,000 to 276,000, according to the U.S. Department of Labor, indicating that the job market is stable even after growth sharply declined at the beginning of the year. Fifty-two economists surveyed by Bloomberg had forecast claims of 278,000. The four-week moving average of new claims increased by 2,750 to 274,750.
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