U.S. jobless claims drop sharply to near 15-year low

(Reuters) – The number of Americans filing new claims for unemployment benefits tumbled last week to its lowest level in nearly 15 years, adding to bullish signals on the labor market.

Job seekers listen to a presentation at the Colorado Hospital Association health care career fair in Denver

Though the decline probably exaggerates the jobs market’s strength given a holiday-shortened week, Thursday’s report suggested the economy was fairly healthy and weathering weakening global growth.  Read more

Categories: Economy, United States

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