More Americans Filed Jobless Claims Last Week Than Forecast

More Americans than forecast filed for unemployment benefits last week, representing a pause in the pace of labor-market improvement. Jobless claims climbed by 15,000 to 297,000 in the week ended July 4, the highest since February, a Labor Department report showed July 9. The median forecast of economists surveyed by Bloomberg News projected claims of 275,000. The data can be volatile this time of year because of the Fourth of July and seasonal auto plant shutdowns.

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