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The Times of India
The Times of India
Business
Bloomberg

US jobless claims tick up, still show strong labor demand

United States Unemployment Washington D.C.

WASHINGTON: Applications for US unemployment benefits rose slightly last week to a level that’s still consistent with resilient demand for labor.

Initial jobless claims edged up by 2,000 to 232,000 in the week ended May 27, a Labor Department report showed Thursday. The median forecast in a Bloomberg survey of economists called for 235,000 claims.

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