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US weekly jobless claims rise to 742,000, more than economist forecasts as labor-market rebound falters

8 days ago   |   By Business Insider

Paul Sakuma/AP Images
New US jobless claims for the week that ended Saturday totaled 742,000, the Labor Department said Thursday. The reading came in above the consensus economist estimate of 700,000 and showed an increase from the previous week's revised figure.
Continuing claims, which track Americans receiving unemployment benefits, decreased to 6.37 million for the week that ended November 7. The reading came in slightly below economist estimates.
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