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U.S. Weekly Jobless Claims Rise More Than Expected

First-time claims for U.S. unemployment benefits increased by more than expected in the week ended March 9th, according to a report released by the Labor Department on Thursday.

The report said initial jobless claims rose to 229,000, an increase of 6,000 from the previous week's unrevised level of 223,000. Economists had expected jobless claims to edge up to 225,000.

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