US applications for jobless benefits fall to lowest level in 12 weeks

US applications for jobless benefits fall to lowest level in 12 weeks

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The number of Americans applying for unemployment benefits inched down to its lowest level in nearly three months last week as the U.S. labor market continues to flex its muscle in spite of elevated interest rates. Jobless claim applications fell to 202,000 for the week ending Jan. 6, down by…

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