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MISS: INITIAL JOBLESS CLAIMS JUMP TO 357,000

Sam RoMar 28, 2013, 18:00 IST

Initial weekly unemployment claims jumped to 357k during the week ending March 23, 2013.

Economists were expecting a reading of 340k.

To make things worse, last week's number was revised up to 341k from 336k.

The four-week moving average is now a 343k, which is a tad higher than last week's measure of 340k.

Still, jobless claims are very close to 5-year lows.