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Jobless claims climb unexpectedly




The number of people who applied for U.S. unemployment benefits jumped by 14,000 to 348,000 last week to match a five-week high, the Labor Department said Thursday. Economists surveyed by MarketWatch expected claims to total 335,000 on a seasonally adjusted basis. The average of new claims over the past month, a more reliable gauge than the volatile weekly number, was unchanged at 338,250.

Read Full Story: http://www.msnbc.com/rachel-maddow-show/jobless-cl...

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