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United States jobless claims fall for second straight week

Published on Jan 2, 2014 9:42 PM

WASHINGTON (REUTERS) - The number of Americans filing new claims for unemployment benefits fell for a second week last week, suggesting labor market conditions continue to steadily improve.

Initial claims for state unemployment benefits slipped 2,000 to a seasonally adjusted 339,000, the Labor Department said on Thursday. Claims for the prior week were revised to show 3,000 more applications received than previously reported.

The four-week moving average for new claims rose 8,500 to 357,250 as the holiday-related volatility lingers.

A Labor Department analyst said no states had been estimated. While claims data continue to be plagued by seasonal volatility, there has been an acceleration in job growth.

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