U.S. jobless claims plunge to 189,000, lowest since 1969
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US jobless claims have dropped to 189,000, the lowest level in several decades, with reports varying on the exact number of years since claims have been this low, ranging from 55 to 57 years. This decline in jobless claims is seen as a positive sign for the US economy. The economy is also reported to have grown, with some outlets citing a 2% growth rate, although the factors contributing to this growth are not uniformly stated.
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