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Unemployment

Initial jobless claims rose by 7,000 to 480,000 in the week ended Dec. 12, from a revised 473,000 the prior week, the U.S. Labor Department said Thursday. The number of people receiving unemployment insurance was little changed in the prior week, while those getting extended payments increased.
The 473,000 number was more than anticipated, a reminder that the labor market will take time to strengthen.

Dec 17 · 10:49:00 AM · Source: U.S. Labor Dept.
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by Larry Etter

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