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US weekly jobless claims hit seven-month low

  • The number of Americans applying for unemployment benefits fell by 6,000 to 213,000 for the week of Nov. 16, reaching a seven-month low.
  • Analysts had forecasted jobless claims at 220,000, indicating a decrease.
  • Continuing claims rose by 36,000 to 1.91 million for the week of Nov. 9, reflecting the total number of Americans collecting jobless benefits.
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