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VIDEO:News

Caution Reigns Ahead of Jobs Report

Description:The number of Americans who filed new claims for unemployment benefits last week fell for the third straight week to 370,000. It's a level not seen since before superstorm Sandy. But the monthly jobs report, due out Friday, is expected to show only 93,000 new jobs were created last month. Economists blame the expected slowdown on labor disruptions caused by Sandy. Julia Coronado of BNP Paribas: (1:36)

Source: Reuters

Tags: reuters

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