A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits fell by much more than anticipated in the week ended December 8th.
The report said initial jobless claims dropped to 206,000, a decrease of 27,000 from the previous week's revised level of 233,000.
Economists had expected jobless claims to slip to 225,000 from the 231,000 originally reported for the previous week.
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