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US unemployment benefit applications dip to 339K

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WASHINGTON — The number of people applying for U.S. unemployment benefits slipped 2,000 last week to a seasonally adjusted 339,000, the fifth straight decline that shows businesses see little need to cut jobs. The Labor Department said Thursday that the less volatile four-week average fell 5,750 to 344,000. The average has dropped 11 percent in the past year. Applications are a proxy for...

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