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Jobless Claims Fall to Lowest Level in 52 Years

December 9, 2021

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Worker filings for unemployment benefits hit the lowest level in more than half a century last week as a tight labor market keeps layoffs low.

Initial jobless claims, a proxy for layoffs, fell to 184,000 in the week ended Dec. 4, the lowest level since September 1969, the Labor Department said Thursday. That was close to a recent record total of 194,000 recorded in late November.

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