Weekly jobless claims hit 229,000, the highest level since January - CNBC

First-time filings for the week ended June 4 totaled 229,000, well ahead of the 210,000 Dow Jones estimate.

Initial jobless claims spiked to their highest level since mid-January last week despite signs of an otherwise strong employment picture, the Labor Department reported Thursday. First-time filings f… [+1309 chars]

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