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Jobless Claims Drop By Twice The Expected Amount

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Jobless claims dropped more than economists had expected last week as the number Americans filing new claims for unemployment dropped 20,000 to 321,000. The Labor department couldn't offer any real reason that the number of jobless claims dropped so dramatically. The week before, they gained 5,000. Wall Street analysts had expected that new jobless claims would drop about 10,000 to 330,000. I'm sure they were astonished when the decrease was double that. Murdok. Visit Murdok for the

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