Weekly Jobless Claims Sink to 338K
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glegorly/Thinkstock(WASHINGTON) — Jobless claims plummeted during the third week of December, the Labor Department reported on Thursday.
For the week ending Dec. 21, the number of people filing for benefits dropped by 42,000 to 338,000. The previous week, claims were revised upward by 1,000 to 380,000.
The four-week average, meanwhile, shot up slightly, increasing by 4,250 to 348,000.
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