Jobless Claims Rise for Week
he number of workers filing initial unemployment claims climbed 11,000 last week to 283,000, the Labor Department said Thursday.
That was below economists’ predictions of a rise to 300,000 new claims, Bloomberg reported.
The four-week moving average of claims, a less volatile measure, fell to 288,750, the lowest level in more than five years, Labor said. The previous week’s level of 299,500 had also been a five-year low.
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