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Jobless Claims in U.S. Increased 12,000 to 465,000

Applications for U.S. unemployment benefits unexpectedly rose last week, a sign companies remain cautious about hiring as economic growth slows.

Initial jobless claims increased by 12,000 to 465,000 in the week ended Sept. 18, Labor Department figures showed today in Washington. The total number of people receiving unemployment insurance declined, while those getting extended payments rose.