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Although the four-week moving average of unemployment claims, which is a better measure of underlying trends, rose 3,250, to 394,250, it held beneath the crucial 400,000 level for a fifth consecutive week.
In a second report Thursday, the Labor Department said the number of Americans filing claims for unemployment benefits rose for a fifth consecutive week, increasing by 9,000, to 334,000 last week, the highest level since April.
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