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Business Politics

GREAT AGAIN: Number of People Collecting Unemployment Hits 17-Year Low

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The number of people out-of-work collecting unemployment dropped to a 7-year low in April, according to new data from the Department of Labor.

Jobless claims fell by 49,000 to 1.98 million, which marks just the second time over the past eight years that the claims dropped below two million. The first time continuing claims dropped below the two million mark was in March. – READ MORE

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