(Bloomberg) —The number of Americans who filed for unemployment benefits last week rose from a three-month low, consistent with the Federal Reserve’s view of a stronger job market.
Jobless claims increased by 14,000 to 266,000 in the week ended July 23, a Labor Department report showed Thursday in Washington. The median forecast in a Bloomberg survey called for 262,000 applications. The less-volatile four-week average dropped to remain at the second-lowest level since 1973.
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