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Unemployment ticks higher for first time in four months

Another 1.4 million Americans filed for first-time unemployment benefits last week, marking the first increase in initial claims in 16 weeks.The weekly first-time claims peaked at 6.9 million in the last week of March and feel continuously until last week, when the trend reversed. Economists had predicted claims to remain steady at 1.3 million, the same amount as in last week's report.
-- Anneken Tappe, CNN Business