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U.S. Weekly Jobless Claims Hover Near 57-Year Lows

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Initial jobless claims decreased by 1,000 to 194,000 in the week ended Oct. 24, hovering near 57-year lows, according to data from the U.S. Department of Labor. The median forecast of economists polled by Reuters called for 199,000 applications. Continuing claims decreased to 1.70 million in the…

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