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Applications for US jobless benefits fall modestly last week as layoffs remain relatively low

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( ) -q-24- UNDATED (Correspondent Jeremy House) “by historic standards.”

The number of Americans filing for unemployment benefits fell last week.

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TAG: Correspondent Jeremy House reporting. The total number of Americans collecting jobless benefits declined by 22,000 to 1.84 million for the week of August 24.

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VERBATIM: The Labor Department says jobless claims fell by 5,000 to 227,000 for the week ending August 31. That’s less than the 230,000 new filings analysts were expecting. The four-week average of claims fell by 1,750 to 230,000. Weekly filings for unemployment benefits, which are considered a proxy for layoffs, remain low by historic standards.

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