Thursday, July 24, 2008 Last Update: 4:12 p.m.
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News submitted by Bob Willis (Bloomberg)

U.S. Unemployment Claims Unexpectedly Fell Last Week

The number of Americans filing first-time claims for unemployment benefits unexpectedly fell last week to a two-month low, a sign some companies have put firing plans on hold.

Initial jobless claims decreased by 33,000 to 342,000 in the week ended April 19, the Labor Department said today in Washington. Economists surveyed by Bloomberg News had forecast a gain of 3,000.

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