The number of Americans filing new jobless claims has declined after failing to budge last week, though it still remains historically high.
The Labor Department on Thursday said that 860,000 Americans filed jobless claims last week, down 33,000 from the week prior. Last week, Labor Department data showed no decline in new jobless claims, raising concern after experts thought there would be a dip. Ahead of Thursday's data, economists had predicted there would be about 875,000 claims, writes CNBC.
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