Jobs
US Jobless Claims Pick Up For the First Time in Three Weeks
- Initial applications increased 2,000 last week to 230,000
- Four-week average edged up for the first time in five weeks
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Applications for US unemployment benefits ticked up for the first time in three weeks, consistent with a gradual slowdown in hiring.
Initial claims increased by 2,000 to 230,000 in the week ended Sept. 7, according to Labor Department data released Thursday. The median forecast in a Bloomberg survey of economists called for 226,000 applications.