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Thursday morning, the Labor Department released its report on initial jobless claims in the week ended July 25th, showing that first-time claims for unemployment benefits increased by a little more than economists had been expecting.
The report showed that jobless claims rose to 584,000 from the previous week's revised figure of 559,000. Economists had expected jobless claims to rise to 575,000 from the 554,000 originally reported for the previous week.
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