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U.S. weekly jobless claims total 207,000, higher than expected

Initial claims for unemployment insurance ended 2021 on a sour note, rising more than expected despite overall signs of improvement in the jobs market, the Labor Department reported Thursday.

Jobless claims totaled 207,000 for the week ended Jan. 1, a bit higher than the 195,000 forecast and up 7,000 from the previous period.

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