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Government Benefits Programs

Jobless Claims Fall to 290,000 — 19-Month Low

Kimberly Redmond | Equities.com |

The number of Americans filing new claims for unemployment benefits dropped to a 19-month low last week, the US Labor Department reported Thursday.

First-time filings for unemployment benefits totaled 290,000 for the week ending Oct. 16, down 6,000 from the previous week. It marks the second week in a row that claims fell below 300,000.


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