Jobless claims rise, but jobs market recovery intact

(Reuters) – The number of Americans filing new claims for unemployment benefits rose last week, the Labor Department said on Thursday, but details of the report suggested the jobs market continued to grow at a moderate pace.

Initial claims for state unemployment benefits increased 4,000 to a seasonally adjusted 371,000, the Labor Department said. The prior week’s figure was revised to show 5,000 fewer applications than previously reported.  Read more

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