Economy in Recovery

National News
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(NBC News) Evidence of an economy in recovery continued today with the number of people filing for unemployment benefits.

The Labor Department announced the number of applications for unemployment benefits dropped 20,000 this week to a seasonally adjusted 268,000 applications.

The less volatile four-week average has dropped over 11 percent since the start of the year.

Analysts say the new numbers point to a strong job market despite moderate economic growth in the early months of 2015.

Employers – who may be expecting a strong spring – are continuing to hire new workers despite slowdowns in manufacturing and construction.

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