Jobs
US Continuing Jobless Claims Rise for Sixth Week
- Recurring applications for jobless benefits hit six-month high
- Figures suggest unemployed have harder time finding new jobs
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Recurring applications for unemployment benefits rose for a sixth straight week, indicating those losing their jobs are starting to have more trouble finding new ones.
Continuing jobless claims, a proxy for the number of people receiving unemployment benefits, increased to 1.82 million in the week ended Oct. 21, the highest level since April, according to Labor Department data out Thursday.