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U.S. Weekly Jobless Claims Pull Back Off Three-Month High

First-time claims for U.S. unemployment benefits showed a significant pullback in the week ended December 19th, the Labor Department revealed in a report released on Wednesday.

The report said initial jobless claims slid to 803,000, a decrease of 89,000 from the previous week's revised level of 892,000.

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by RTTNews Staff Writer

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