So, does that mean Job Market is getting better?

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Does this mean Job market is improving? Could this be an indicator of any stability or I would say resistance to recession by the market? I hope so.

The number of U.S. workers filing new claims for unemployment benefits fell last week for the second time in three weeks, suggesting some stability in labor markets this month after four-straight declines in monthly nonfarm employment.

Jobless Claims Drop in Latest Week - WSJ.com

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