Initial jobless claims fell slightly more than expected last week.
Claims dropped 23,000 to 452,000 in the week ending Oct. 16, the Department of Labor said. The revised figure for the previous week was 475,000.
A Reuters poll of analysts forecast claims dropping to 455,00 from a previously reported 462,000.
A report from the Federal Reserve said Wednesday that the economy is growing at a “modest…
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Jobless Claims Fall More Than Expected originally appeared on DailyFinance on Thu, 21 Oct 2010 08:21:00.
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