WASHINGTON - The number of people signing up for jobless benefits declined last week, the third straight drop from a six-year high reached earlier this month, the government said Thursday.
Full Story: Jobless claims fall for 3rd straight week (AP)
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Meanwhile, the Commerce Department said Thursday that the economy grew at a 3.3 percent annual rate in the second quarter, faster than analysts expected. Still, jobless claims remain at an elevated level. There were 332,000 initial claims for benefits in the year-ago period.Full Story: Jobless claims fall for 3rd straight week (AP)
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