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Weekly U.S. jobless aid applications rise to 354K

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By CHRISTOPHER S. RUGABER

Associated Press

WASHINGTON (AP) — Applications for U.S. unemployment benefits rose by 18,000 last week to a seasonally adjusted 354,000. Despite the gain, the level remains consistent with moderate job growth.

The Labor Department said Thursday that the less volatile four-week average increased by 2,500 to 348,250.

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