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First-Time Unemployment Up

HIGHER

15,000 more from last week.

The labor market is recovering—but much too slowly for anyone's taste. The Labor Department reported that last week, 382,000 Americans filed first-time claims for unemployment benefits. That's up 15,000 from last week, and the four-week moving average, which smooths out fluctuations, rose to 375,000. In a healthy labor market, this number would be trending down.

Read it at the Department of Labor

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