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Fewer than one million Americans filing new claims for unemployment benefit

The number of Americans filing new claims for unemployment has dipped below one million for the first time since March.
 
About 963,000 people sought the benefits last week, down from nearly 1.2 million the week before.
 
The Labor Department said the figures have been subsiding since peaking at 6.9 million in late March, but they remain extremely high, driving debate in Washington over the need for further stimulus.
 
More than 28 million people were still collecting benefits in the week ended July 25.


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