Jobless Claims SPIKE in Unexpected Turn of Events

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John Hanson from The Political Insider reports, According to the Department of Labor on Thursday, new weekly jobless claims have jumped to 744,000 for the week ending on April 3rd. Previously, economists had predicted jobless claims might decline to 680,000 from 721,250 the previous week. Jobless claims have increased for two weeks in a row now, when they were expected to decrease.