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Fewer People File For Unemployment Benefits

unemployment 385x250 Fewer People File For Unemployment Benefits

There was a big drop in first-time filings for unemployment benefits last week. 

The latest report from the Labor Department says there were 388-thousand new claims filed in the week ending on Christmas.  It was a drop of 34-thousand claims from the week before.  The total number of claims filed in the week ending December 18th, including continuing claims, was a little over four-point-one-million.

California reported the biggest drop in first-time claims for unemployment benefits.  It credited the drop to a decrease in layoffs in the agriculture sector.

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