Jobless Claims in U.S. Rebound From a Four-Decade Low
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Applications for U.S. unemployment benefits rebounded from the lowest level since 1973. Jobless claims rose by 20,000 to 243,000 in the week ended March 4, data from the Labor Department showed Thursday. The latest results are consistent with a trend of historically low claims that signal a tightening labor market, a picture likely to be reinforced by the monthly payrolls report on Friday.