The latest total of new jobless claims has come in higher than expected, making for the worst week in almost three months.
The Labor Department on Thursday said 853,000 Americans filed first-time jobless claims last week, up 137,000 from the previous week's revised level of 716,000. This was more than the 730,000 claims economists had been expecting, and it was the highest weekly total since Sept. 19, CNBC reports.
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