Initial Jobless Claims Rise 37,000 to 464,000

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Initial jobless claims rose 37,000 to 464,0000 in the week ending July 17. The revised figure for the previous week was 427,000. The four-week moving average, a clearer measure of unemployment trends, rose 1,250 to 456,000. The revised average for the previous week was 454,750, the Department of Labor said in a statement.
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