Weekly Jobless Claims Fall

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Weekly jobless claims fell last week, the Labor Department reported Thursday:

 In the week ending December 1, the advance figure for seasonally adjusted initial claims was 370,000, a decrease of 25,000 from the previous week’s revised figure of 395,000. The 4-week moving average was 408,000, an increase of 2,250 from the previous week’s revised average of 405,750.

The Labor Department’s jobs report for November is set to be released on Friday.

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