Jobless Claims Rise 26K Last Week

Economy-policy Reuters

New U.S. claims for unemployment benefits rose more than expected last week, a government report showed on Thursday, but held below a key level associated with labor market recovery.

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Initial claims for state unemployment benefits increased 26,000 to a seasonally adjusted 397,000, the Labor Department said, after falling to a 2-1/2 year low the prior week.

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