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U.S. weekly jobless claims rise less than expected
JAY GORY, MANAGING EDITOR, business
The number of Americans filing for unemployment benefits increased less than expected last week, a sign that the labor market was continuing to tighten. Initial claims for state unemployment benefits rose 5,000 to a seasonally adjusted 239,000 for the week ended Feb. 11, the Labor Department said on Thursday. Claims have been below 300,000, a threshold associated with a strong labor market, for 102 consecutive weeks. read more


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