Economics
U.S. Jobless Claims Rise to Five-Week High, Exceed Forecast
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Filings for U.S. unemployment benefits unexpectedly increased, rising to a five-week high and adding to signs of potential cooling in the labor market.
Jobless claims rose to 222,000 in the week ended June 8, according to Labor Department figures released Thursday. The four-week average, a less-volatile measure, edged up to 217,750.