NEW YORK (CNNMoney) -- The number of Americans filing for their first week of unemployment benefits dropped sharply for the second straight week. In the week ended May 14, 409,000 Americans filed for their first week of unemployment benefits, the Labor Department said Thursday.
That marked a decline of 29,000 from the 438,000 initial claims filed the week before, and was an even lower level than the 420,000 claims economists
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