Jobless claims unexpectedly rise last week

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New U.S. claims for unemployment benefits unexpectedly rose last week, bouncing back above the key 400,000 level, a government report showed on Thursday.

U.S. core producer prices rose slightly faster than expected in March and the increase from a year ago was the largest since August 2009, pointing to a broadening in pipeline inflation pressures.

Full Story: Instant view: Jobless claims unexpectedly rise last week | Reuters