iStock/Thinkstock(WASHINGTON) — Jobless claims climbed higher last week, increasing by 10,000, according to the latest figures released Thursday by the Labor Department.
For the week ending Jan. 7, the number of people filing for benefits jumped from a revised level of 237,000 the previous week to 247,000, marking the 97th consecutive week initial jobless claims came in below 300,000.
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It’s the longest streak since 1970, the Labor Department says.
The Labor Department said there were no “special factors” impacting that week’s figures.
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The four-week moving average, however, decreased by 1,750 to 256,750.
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