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US jobless claims unchanged as labor market picks up speed

July 15, 2016

Via: CNBC
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The number of Americans filing for unemployment benefits unexpectedly held at lower levels last week, pointing to further momentum in the labor market after job growth surged in June.

Initial claims for state unemployment benefits were unchanged at a seasonally adjusted 254,000 for the week ended July 9, the Labor Department said on Thursday. Claims are near the 43-year low of 248,000 touched in mid-April.

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