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US jobless claims continue fall in August

Initial claims for US unemployment fell to 262,000 for the week ending August 13, down 4,000 from the week beforeUS weekly unemployment claims fell again in the second week of August, continuing their recent streak, according to the Labor Department. Initial claims for unemployment fell to 262,000 for the week ending August 13, down 4,000 from the week before. A similar stretch has not been seen since 1970, according to the Labor Department.

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