The number of Americans filing for unemployment benefits fell 41,000 to a seasonally adjusted 220,000 for the week ended 13 January, the lowest level since February 1973, the Labor Department said.
The four-week moving average of initial claims, considered a better measure of labor market trends as it irons out week-to-week volatility, dropped 6,250 to 244,500.
Continuing claims increased 76,000 to 1.95 million in the week ended 6 January.
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