Calgary Herald

U.S. jobless claims plummet

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Jobless claims unexpected­ly decreased to the lowest level since 1973, indicating the U.S. labour market remains a pillar of support in the world’s largest economy. New applicatio­ns for unemployme­nt benefits fell by 6,000 to 247,000 in the week ended April 16, data showed Thursday. The number of Americans already on benefit rolls declined to a more than 15-year low.

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