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Jobless Claims Rise by 11,000

April 8, 1999

WASHINGTON (AP) _ The number of people filing first-time claims for jobless benefits jumped by 11,000 last week to a seasonally adjusted 299,000.

That’s 6,000 more than analysts expected.

But the number remained below the 300,000 mark for the tenth week in a row, a continuing sign of a tight labor market.

The four-week moving average of jobless claims was up 1,750 to 295,250.

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