Initial jobless claims fall to lowest in 3 months

Initial jobless claims for the week ended Dec. 30 decreased 18K to 202K, much lower than the 217.5K expected and compared with 220K prior (revised from 218K) in the previous week. The four-week moving average was 207,750, a decrease of 4,750 from the prior week's average of 212.5K (revised from…

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