Economics

New Jobless Claims at 323,000 for Last Week

Down 4,000

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Initial jobless claims continued to decline last week in another hopeful sign that the labor market is improving.

The number of people filing for unemployment benefits for the first time fell to a seasonally adjusted 323,000 last week, down 4,000 from the previous week's revised figure of 327,000, the U.S. Labor Department reported.