U.S. initial jobless claims 198K vs. 196K forecast

Investing.com – The number of people who filed for unemployment assistance in the U.S. last week rose more-than-expected, official data showed on Thursday.

In a report, the U.S. Department of Labor said the number of individuals filing for initial jobless benefits last week rose to a seasonally adjusted 198K, from 191K in the preceding week .

Analysts had expected initial jobless claims to rise to 196K last week.

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