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(Bloomberg) — An improving job market is the driving force behind a rebound in American consumer confidence that will probably help propel faster economic growth in 2015.

The Bloomberg Consumer Comfort Index increased to 43.6 in the week ended Jan. 4, the highest level since October 2007, from 42.7 the period before, according to data issued today. Another report showed fewer workers filed for unemployment benefits last week, indicating employers are holding on to seasonal hires.

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