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The Economic Times
The Economic Times
National

US weekly jobless claims fall as layoffs remain low

WASHINGTON: The number of Americans filing new claims for unemployment benefits fell last week, pointing to continued labor market stability despite job growth slowing sharply in September.

Initial claims for state unemployment benefits slipped 2,000 to a seasonally adjusted 197,000 for the week ended October 3, the Labor Department said on Thursday. Economists polled by Reuters had forecast 200,000 claims for the latest week.

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