[jobless]Reuters/Jason Reed Initial jobless claims fell less than expected. Claims fell to 278,000, below economists' expectations of a drop to 275,000, according to Bloomberg. Meanwhile, the 4-week moving average was 275,750, an increase of 7,500 from the previous week's unrevised average of 268,250. The report noted no special factors. Last week, claims unexpectedly jumped by 20,000 to 294,000 — the highest level since the week of February 28, 2015. Claims have now been below the 300,000 threshold for 63 straight weeks. Refresh this page for updates at 8:30 a.m. ET. NOW WATCH: FORMER GREEK FINANCE MINISTER: The single largest threat to the global economy
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