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Unemployment claims lowest since 2007, but employment boom not guaranteed

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Weekly unemployment insurance claims fell in the week ending April 5, the Department of Labor reported Thursday, to 300,000 -- the lowest number since early 2007, well before the beginning of the recession. The four-week moving average for claims also fell to 136,250, the lowest post-crisis level, setting aside a stretch last fall when California failed to report its claims. Because...

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