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Benzinga
Benzinga
Business
Adam Eckert

US Jobless Claims Still At Historic Lows, But Will Fed's Rate Hike Spur Layoffs?

U.S. initial jobless claims ticked lower last week, but not by much. Unemployment insurance filings still remain near historically low levels.

The Jobless Number: Jobless claims decreased by 1,000 for the week ending Oct. 29 to 217,000 from the previous week's revised level of 218,000, according to data the Labor Department released Thursday.

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