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Unemployment benefit claims edge up as job market slows
The Labor Department reports 372000 first time claims last week up 4000, with four week average at 368000. Economists note hiring remains uneven with August showing slower growth than July. The total receiving benefits dropped to 5.6 million for the week ending Aug 4.
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Washington, D.C
Labor Department
Jennifer Lee
BMO Capital Markets
Federal Reserve
Lee
Fed
New York