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Weekly U.S. jobless aid applications rise

Fri., Oct. 4, 2013, midnight

The number of Americans seeking unemployment benefits rose just 1,000 last week to a seasonally adjusted 308,000, hovering near six-year lows. Companies are still cutting very few jobs, however the decline in layoffs has not been accompanied by a pickup in hiring.

The less volatile four-week average for applications fell to 305,000, the Labor Department said Thursday. That’s the lowest since May 2007.


 

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