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US jobless claims climb for first time in 5 weeks, to 353,000

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Filings for unemployment insurance jumped from pandemic-era lows last week as the country crept closer to the expiration of federal UI aid.

Weekly jobless claims reached an unadjusted 353,000 last week, the Labor Department announced Thursday morning. That compares to a median estimate of 350,000 claims from economists surveyed by Bloomberg.

The print interrupts four straight weeks of declines. The previous week’s count was revised to 349,000 from 348,000 and still marks the lowest reading since the pandemic drove claims higher.

Continuing claims, which count Americans actively receiving unemployment benefits, fell to 2.86 million for the week that ended details ⇒

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