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Reports: US Job Market Improves; Housing Sector Falters

The U.S. job market is getting a little better, while the housing sector is faltering. A Labor Department report published Thursday says the number of Americans signing up for unemployment assistance dropped by 3,000 to a nationwide total of 302,000 last week. Experts say the data show layoffs are down, which is one reason the unemployment rate has fallen to 6.1 percent. The economy has had a net gain of more than 200,000 jobs per month for the past five months, which is the...

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