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U.S. Jobless Claims Climb To Highest Level Since October 2021

First-time claims for U.S. unemployment benefits increased by much more than expected in the week ended June 3rd, according to a report released by the Labor Department on Thursday.

The report said initial jobless claims climbed to 261,000, an increase of 28,000 from the previous week's revised level of 233,000.

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by RTTNews Staff Writer

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