US jobless claims fell to 166,000 last week, the US Department of Labor announced Thursday - a number not seen in more than half a century.The marked decline in first-time unemployment claims - which generally represent the pace of layoffs - came as a surprise to economists, 5,000 less than the previous week's total and well below 's previous projection of 200,000. The number - the lowest since November 1968 - further reflects a job market currently experiencing a severe worker shortage, and suggests
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