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First-time claims for U.S. unemployment benefits rose by more than expected in the week ended July 22nd, according to a report released by the Labor Department on Thursday.
The report said initial jobless claims climbed to 244,000, an increase of 10,000 from the previous week's revised level of 234,000.
Economists had expected jobless claims to rise to 241,000 from the 233,000 originally reported for the previous week.
