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Economy

Jobless claims fall back to 268,000

By Joseph Lawler
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Jobless claims fall back to 268,000

First-time claims for unemployment benefits fell by 10,000 to 268,000 in the third week of May, the Department of Labor reported Thursday, providing an encouraging sign for job growth in the month.

Forecasters had expected claims to remain steady at around 275,000.

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Jobs Joseph Lawler Labor Minusextra Unemployment