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U.S. Initial Jobless Claims Fell to 374,000

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July 5, 2012 9:51 AM EDT Fewer Americans than forecast filed first-time claims for unemployment insurance payments last week. Applications for jobless benefits decreased by 14,000 in the week ended June 30 to 374,000, the fewest since mid May, Labor Department figures showed today. Michael McKee and Betty Liu report on Bloomberg Television's "In the Loop." (Source: Bloomberg) (Bloomberg)

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