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People wait in a line at a job fair in Gresham, Ore. (AP Photo/Rick Bowmer, file)
(Bloomberg) — Applications for unemployment benefits in the U.S. rose to 317,000 last week, holding below this year’s average and signaling sustained progress in the labor market.

Jobless claims climbed by 4,000 in the week ended June 7, a Labor Department report showed today in Washington. The median forecast of 52 economists surveyed by Bloomberg called for 310,000. Claims have averaged around 324,000 so far in 2014.

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