First-time claims for U.S. unemployment benefits rose by more than expected in the week ended September 8th, according to a report released by the Labor Department on Thursday, with the data pointing to continued sluggishness in the labor market.
The report showed that initial jobless claims rose to 382,000 from the previous week's revised figure of 367,000. Economists had been expecting jobless claims to edge up to 370,000 from the 365,000 originally reported for the previous week.
by RTT Staff Writer
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