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U.S. Jobless Claims Drop to Lowest Level Since 2006 - WSJ
WASHINGTONNew applications for unemployment benefits plunged last week, reaching an 8½-year low and offering the latest signs of strength in the labor market.
Initial claims for jobless aid, a proxy for layoffs, fell by 19,000 to a seasonally adjusted 284,000 in the week ended July 19, the Labor Department said Thursday. That was the lowest level for first-time claims since February 2006 and below the 305,000 claims forecast by economists surveyed by The Wall Street Journal. The prior week was revised up slightly.
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I would have thought all those Bush Tax Cuts would have created millions of new jobs lasting for the next 100 years. And deregulating Wall Street, don't forget that. Guess we were wrong
WASHINGTONNew applications for unemployment benefits plunged last week, reaching an 8½-year low and offering the latest signs of strength in the labor market.
Initial claims for jobless aid, a proxy for layoffs, fell by 19,000 to a seasonally adjusted 284,000 in the week ended July 19, the Labor Department said Thursday. That was the lowest level for first-time claims since February 2006 and below the 305,000 claims forecast by economists surveyed by The Wall Street Journal. The prior week was revised up slightly.
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I would have thought all those Bush Tax Cuts would have created millions of new jobs lasting for the next 100 years. And deregulating Wall Street, don't forget that. Guess we were wrong