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Jobless Claims in U.S. Rise to Highest in Almost Three Months

A worker packs teddy bears at a factory in Shelburne, Vermont.

A worker packs teddy bears at a factory in Shelburne, Vermont.

Photographer: Shiho Fukada/Bloomberg
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Filings for U.S. unemployment benefits unexpectedly rose to the highest level in almost three months, extending increases from a four-decade low.

Jobless claims increased by 7,000 to 265,000 in the week ended Oct. 29, a Labor Department report showed Thursday in Washington. The median forecast in a Bloomberg survey called for a drop to 256,000. Continuing claims dropped to the lowest since June 2000.