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11.10.11

Jobless claims rise less than expected

More Americans filed for unemployment benefits in the latest week, but less than economists expected, raising some hopes for the nation's labor market.

The Labor Department reported that jobless claims rose by 6,000 in the week ended Oct. 1 to 401,000 from a revised 395,000 the previous week. Economists polled by Reuters had expected claims to jump to 410,000.
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