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Weekly jobless claims surge to 241,000, more than expected, in latest sign of economic trouble

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First -time filings for unemployment insurance totaled a seasonally adjusted 241,000 for the week ended April 26 , up 18,000 from the prior period and higher than the Dow Jones estimate for 225,000 .

Continuing claims, which run a week behind and provide a broader view of layoff trends, rose to 1.92 million , up 83,000 to the highest level since Nov. 13, 2021 .