Jobless Claims Still Falling & Industrial Production Slips

New filings for jobless benefits dropped by 16,000 last week to a seasonally adjusted 385,000, the U.S. Labor Department reports. That’s the fifth reading below the 400,000 mark since the end of recession in June 2009. Meanwhile, the widely watched four-week moving average slipped to just over 386,000, the lowest level since the recovery began. [...]
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