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Jobless claims in U.S. climbed less than forecast last week

Applications for unemployment benefits in the U.S. increased less than forecast last week as an improving economy prompted employers to retain staff.

By Lorraine Woellert, Bloomberg | Updated on September 25, 2014

(Bloomberg) — Applications for unemployment benefits in the U.S. increased less than forecast last week as an improving economy prompted employers to retain staff.

First-time jobless claims climbed 12,000 to 293,000 in the week ended Sept. 20, the Labor Department reported today in Washington. The median forecast of 46 economists surveyed by Bloomberg called for 296,000. Claims reached a 14-year low of 279,000 in mid-July.

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