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Economy

Jobless claims drop to 265,000

By Joseph Lawler
Published
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Jobless claims drop to 265,000

New applications for unemployment benefits dropped to 265,000 in the week before Christmas, the Department of Labor reported Thursday, down from 275,000 the week before.

That drop, a bit of good news over the holiday, was in line with private forecasters’ expectations.

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Jobs Joseph Lawler Labor Minusextra Unemployment