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U.S. Jobless Claims Jump but Remain Historically Low
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Worker filings for U.S. unemployment benefits jumped last week due to increases in New York and California but remained historically low, as demand for labor outstrips the number of people looking for work.
Initial jobless claims, a proxy for layoffs, increased by 21,000 to a seasonally adjusted 211,000 last week, the Labor Department said Thursday. That was the biggest week-to-week increase in claims since early October.
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