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Jobless benefit filings fall in US
Aggregated Source: Shanghai Daily: Business

Job seekers wait in line to attend a job fair in Tacoma, Washington state. The number of Americans who applied for unemployment benefits fell to its lowest level in more than five years last week as layoffs have returned to pre-recession levels, a trend that could lead to more hiring despite federal spending cuts and tax increases, the US Labor Department said yesterday.

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Copyright Shanghai Daily: Business