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U.S. Weekly Jobless Claims Unexpectedly Show Modest Decrease

First-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended October 15th, according to a report released by the Labor Department on Thursday.

The report showed initial jobless claims slipped to 214,000, a decrease of 12,000 from the previous week's revised level of 226,000.

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by RTTNews Staff Writer

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