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Initial Jobless Claims in U.S. Rose More Than Forecast

More Americans than projected filed applications for unemployment benefits last week, showing uneven progress in the labor market.

Jobless claims increased by 28,000 to 326,000 in the week ended May 17, after 298,000 filings a week earlier that were higher than initially reported, Labor Department figures showed today in Washington. The median forecast of 50 economists surveyed by Bloomberg called for a rise to 310,000. Continuing claims fell to the lowest since December 2007.