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US Weekly Jobless Claims decline by 130,000

There were 881,000 Initial Claims for unemployment benefits in the US during the week ending August 29th, the data published by the US Department of Labor (DOL) revealed on Thursday.

This reading followed last week’s print of 1,011,000 (revised from 1,006,000) and came in slightly better than the market expectation of 950,000.

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