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Weekly jobless claims fell to the lowest levels since September 2022, coming in lower than Wall Street estimates.
According to data released by the U.S. Department of Labor on Thursday, jobless claims fell by 27,000 to 191,000 in the week ended November 29. This was lower than a Dow Jones estimate of 218,000, as cited by MarketWatch.
The four-week moving average for jobless claims, which smooths weekly volatility, fell by 9,500 to 214,750.
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