Author: By Jay Heflin
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Jobless claims unexpectedly rise to 898,000 in troubling sign for recovery
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The number of new applications for unemployment benefits rose 898,000 last week, the Labor Department reported on Thursday. Forecasters had projected 825,000 new jobless claims. In addition to claims for regular benefits, more than 370,000 workers filed new claims for the Pandemic Unemployment Assistance program, which provides for unemployment insurance for people sidelined by the epidemic…

