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Good sign: First-time jobless claims drop

 

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The number of newly laid-off workers requesting unemployment benefits slipped last week, the latest sign the employment picture is slowly brightening. The Labor Department said initial jobless claims fell by 6,000 to a seasonally adjusted 462,000. That's close to Wall Street analysts' estimates of 460,000, according to Thomson Reuters, and the second straight drop. The figures come after other mildly positive news on employment. Job openings rose in January to their highest level in almost a year, the department said on Tuesday. And the unemployment rate was unchanged at 9.7 percent in Febr...



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