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Initial jobless claims dipped slightly than expected

Staff Writer |
Claims, which count the number of people who applied for unemployment insurance for the first time in the past week, ticked down by 2,000 to 241,000.

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Economists had been expecting claims to fall to 240,000, down from the previous week's 243,000.

The four-week moving average came in at 237,250, a drop of 750 from the prior week's unrevised average of 236,500.

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