Comment on Jobless claims at 3.5 year low (drops to 366K)

Jobless claims at 3.5 year low (drops to 366K)

The number of Americans filing new claims for jobless benefits dropped to a 3-1/2 year low last week and factory activity in New York state scaled a seven-month high in December, more evidence of a pick-up in economic activity. Initial claims for state unemployment benefits dropped 19,000 to a seasonally adjusted 366,000, the Labor Department said on Thursday.

 

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