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(CNN) — There is encouraging news for the nation's economy. The Department of Labor today released a better-than-expected weekly report on initial jobless claims.
First-time unemployment claims dropped 10-thousand to 332-thousand in the latest week.
Economists polled by Briefing-dot-com had expected 350-thousand new filings. The report could have an positive impact on Wall Street.
The Dow Jones industrial average is on its longest winning streak since 1996 after posting its ninth straight days of gains Wednesday.
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