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Jobless claims jump, but one-month average lowest since 2000
Jobless claims jump, but one-month average lowest since 2000

Initial claims for jobless benefits jumped last week from a post-Great Recession low, but the average over the past four weeks was the lowest since 2000 for the volatile but closely watched barometer of the labor market. About 283,000 people filed for first-time unemployment benefits last week, up 17,000 from the previous week's upwardly revised level, the Labor Department said Thursday. Economists had forecast claims would rise to 285,000 after a sharp drop the previous week to the lowest point since April 2000. Even with the increase, they said, new claims remained well below 300,000, indicating that the job market is continuing to grow moderately. Jobless claims can fluctuate...

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