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Economy

US weekly jobless claims fall more than expected

Updated : May 31, 2018 07:04 PM IST

The labor market is viewed as being close to or at full employment.
The jobless rate is near a 17-1/2-year low of 3.9 percent, within striking distance of the Federal Reserve's forecast of 3.8% by the end of this year.
Job growth is slowing, with employers struggling to find qualified workers.
US weekly jobless claims fall more than expected

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