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The Economic Times
The Economic Times
National

UNBELIEVABLE: Us unemployment claims rise but remain at healthy level | History Defined

WASHINGTON: U.S. applications for unemployment benefits rose last week, but layoffs remain at historically healthy levels.

The Labor Department reported Thursday that 209,000 people filed jobless claims last week, up from a revised 200,000 the week before and higher than the 205,000 forecasters had expected. The four-week average of applications, which smooths out week-to-week-volatitlity, was unchanged at 199,000.

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