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US Jobless Claims Rise

The number of Americans filing new claims for unemployment benefits rose more than expected last week, but will probably do little to change views that the labor market was strengthening. Initial claims for state unemployment benefits increased 21,000 to a seasonally adjusted 311,000 for the week ended Aug. 9, the Labor Department said on Thursday, above economists' expectations for a rise to only 295,000. There is, however, little doubt that conditions in the jobs market are...

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