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Jobless Benefits Filings At 49-Year Low. (12/18/2018)

Reuters (12/13, Mutikani) reported, “The number of Americans filing applications for jobless benefits tumbled to near a 49-year low last week, which could ease concerns about a slowdown in the labor market and economy.” The Labor Department said claims “hit 202,000 in mid-September, which was the lowest level since December 1969.” The tightening labor market “bolster[s] expectations that the Federal Reserve will raise interest rates” at its meeting next week.

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