US unemployment claims climb to the highest level within nine months

Source: Bloomberg
© Scanpix/RS
The US claims for jobless insurance climbed last week to their nine-month high, reinforcing the view that harsh winter weather could stall the labour market's development. US initial claims rose by 7,000 to 320,000 at February 28, building on a surprisingly large 31,000 increase to 313,000. The increase defied market expectations for claims to slid to 295,000.
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