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Jobless Claims in U.S. Increased More Than Forecast Last Week

Bloomberg (01/30/14) Jeanna Smialek

Applications for U.S. unemployment benefits rose 19,000 to 348,000 in the week ended Jan. 25, according to the U.S. Department of Labor. Economists surveyed by Bloomberg had forecasted jobless claims of 330,000. The four-week moving average of claims increased to 333,000 from 332,250 a week earlier.