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Jobless claims rise in latest report

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Initial unemployment insurance claims climbed to 197,000 for the week that ended July 25.

That's an increase of 9,000 from the previous week's revised level.

Continuing claims, a measure of insured unemployment, fell to 1.78 million for the week ending July 18. That's a decrease of 7,000 from the prior week.

Read more from Quartz.

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