Weekly jobless claims surge to 241,000, more than expected, in latest sign of economic trouble

Weekly jobless claims surge to 241,000, more than expected, in latest sign of economic trouble

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Initial unemployment claims posted an unexpected increase last week in a potential trouble sign for the wobbling U.S. economy. First-time filings for unemployment insurance totaled a seasonally adjusted 241,000 for the week ending April 26, up 18,000 from the prior period and higher than the Dow…

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