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First-time claims for U.S. unemployment benefits rose by more than expected in the week ended April 19th, according to a report released by the Labor Department on Thursday, with initial jobless claims climbing further off their recent lows.
The report said initial jobless claims climbed to 329,000, an increase of 24,000 from the previous week's revised figure of 305,000. Economists had expected jobless claims to edge up to 313,000 from the 304,000 originally reported for the previous week.
