U.S. jobless claims drop 7,000 to 222,000, reclaim 45-year low

The number of people who applied for unemployment benefits in mid-February fell by 7,000 to 222,000, reflecting the second smallest amount since the end of the 2007-09 recession and matching lows last seen in the early 1970s.

U.S. jobless claims drop 7,000 to 222,000, reclaim 45-year low
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