Jobless claims tick higher in latest week, reaching highest level in 2 years

Jobless claims tick higher in latest week, reaching highest level in 2 years

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The numbers: Initial jobless claims rose 7,000 to 218,000, in the week ending Nov. 25, the Labor Department said Thursday. Economists polled by The Wall Street Journal had estimated new claims would rise 11,000 to 220,000. Last week, claims rose a revised 22,000 to 211,000. That compared with the…

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