28 July 2005, 17:04  U.S. initial jobless claims rise 5,000 to 310,000

First-time filings for state unemployment benefits rose by 5,000 to a seasonally adjusted 310,000 last week, the Labor Department said Thursday. Economists surveyed by MarketWatch were expecting claims to rise to about 317,000. The four-week average of new claims dropped by 250 to 318,250, while continuing jobless claims rose by 32,000 to 2.60 million.

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