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INITIAL JOBLESS CLAIMS FALL TO 346,000

Matthew Boesler
pinkslip tbi

UPDATE: The latest weekly jobless claims data are out.

During the week ended June 1, claims fell to 346,000 from an upward-revised 357,000 in the previous week.

Economists were predicting a slightly larger drop to 345,000.

Continuing claims fell to 2.952 million during the week ended May 25 from an upward-revised 3.004 million the week before.

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