Fewer Americans Than Forecast Filed Jobless Claims Last Week
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Fewer Americans than forecast filed applications for unemployment benefits last week, a sign the job market continues to strengthen.
Jobless claims declined by 11,000 to 304,000 in the week ended July 5, the fewest in more than a month, a Labor Department report showed today in Washington. The median forecast of 45 economists surveyed by Bloomberg called for 315,000. There was nothing unusual in the data and no states were estimated, a spokesman said as the figures were released.