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Jobless claims drop to one-month low to cap a tough year for job market

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Claims have been volatile in recent weeks amid challenges in adjusting the data for seasonal fluctuations ahead of the holiday season. Americans filed the fewest new jobless claims in a month last week, and while the number of unemployed workers collecting relief payments has eased from recent highs, there is little indication of a break from the weak hiring environment that settled in over the course of President Donald Trump‘s first year back at the White House.