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Continuing jobless claims hit new pandemic-era low, falling below 3 million – CNBC

Initial jobless claims totaled 385,000 for the week ended July 31, meeting estimates.

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Initial claims for unemployment insurance edged lower last week, meeting Wall Street expectations, while longer-term unemployment signs showed improvement, the Labor Department reported Thursday.
First-time filings for benefits dipped to 385,000 for the…

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