Jobless Claims in U.S. Decline to Lowest Level in Seven Weeks
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Filings for unemployment benefits in the U.S. declined to a seven-week low as hiring managers demonstrated confidence in the outlook after temporary adjustments around the holidays.
Jobless claims dropped by 16,000 to 269,000 in the week ended Feb. 6, a Labor Department report showed Thursday. The median forecast in a Bloomberg survey called for 280,000.