WRAPUP 1-U.S. weekly jobless claims decline further ...Middle East

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Fewer Americans filed new claims for unemployment benefits last week, suggesting layoffs were subsiding and strengthening expectations for another month of blockbuster job growth in April as a re-opening economy unleashes pent-up demand. Initial claims for state unemployment benefits totaled a seasonally adjusted 547,000 for the week ended April 17 compared to 586,000 in the prior week. Economists polled by Reuters had forecast 617,000 applications in the latest week.

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