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Unemployment claims drop to lowest since mid-July, though public anxiety remains

Unemployment claims drop to lowest since mid-July, though public anxiety remains
Photo: KTVU FOX 2 News · view original

Applications for unemployment benefits in the U.S. fell to 196,000 last week, marking the lowest level since mid-July and coming in far below expert expectations. The drop highlights ongoing cross-currents in the economy during a period dominated by concerns over inflation and high prices.

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