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Jobless claims in the US rose 26,000 to 397,000

from Bloomberg

First-time claims for jobless benefits rose in one week from an almost three-year low, highlighting the uneven nature of the improvement in the U.S. labor market. Applications for first-time unemployment benefits increased by 26,000 to 397,000 from the last week in February to the week ending March 5, Labor Department figures showed. Economists forecast claims would climb to 376,000, according to the median estimate in a Bloomberg News survey. more


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