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New US jobless claims edge down; continued claims on the rise

(Reuters) -The number of Americans filing new claims for unemployment benefits edged down last week, signaling that layoffs remain low even as the still-strong job market shows some signs of cooling. Initial claims for state unemployment benefits fell 3,000 to a seasonally adjusted 217,000 for the week ended Nov. 4 from an upwardly revised 220,000 in the prior week, the Labor Department said on Thursday.
United States Dan Burns Paul Simao Franklin Paul Labor Department Group Fed
Source: aol.com

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