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US Jobless Claims Rise by More Than Forecast to 219,000

  • Applications for unemployment climbed from a five-month low
  • Initial and continuing claims still remain historically low
Bloomberg business news
US Initial Jobless Claims Rise by More Than Forecast
Updated on

Applications for US unemployment insurance rose by more than forecast last week, though remained at a historically low level.

Initial unemployment claims increased by 29,000 to 219,000 in the week ended Oct. 1, Labor Department data showed Thursday. The prior week was revised down to the lowest level since April.