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Weekly Jobless Claims Rise More Than Expected

Weekly jobless claims rose more than expected over the past week.
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The number of people applying for unemployment benefits rose by 6,000 over the past week to 244,000, compared to 238,000 in the prior week. Economists were expecting a smaller weekly increase, to 241,000 claims. The four-week average of jobless claims still stands at the lowest level in some 44 years.

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