The League of Iowa Human & Civil Rights Agencies

New jobless claims filed last week dropped 29,000, to 469,000, slightly better than forecasters expected, the government said moments ago. Forecasters expected last week's new jobless claims to come in at 470,000. The four-week moving average for new jobless claims, which smooths out the week-to-week volatility, dropped 3,250 to 470,450. Continuing claims last week dropped to 4.5 million from 4.6 million the prior week.

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