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NEW JOBLESS CLAIMS ROSE 10,000 LAST WEEK

The number of new claims for jobless benefits jumped by 10,000 last week, the third straight advance and the latest sign of continuing sluggishness in the labor market.

The Labor Department said Thursday initial applications for unemployment insurance totaled a seasonally adjusted 348,000, up from 338,000 a week earlier.Analysts had expected an increase of only about 2,000.