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WASHINGTON (MarketWatch) -- First time claims for state unemployment benefits were unchanged at 627,000 for the week ending Feb. 14, the Labor Department reported on Thursday. The four-week average of initial claims, which measures the underlying trend, rose by 10,500 to 619,000. Continuing claims rose by 170,000 to 4.98 million in the week ending Feb. 7, a 27-year high. The four-week average of continuing claims climbed by 92,500, to 4.83 million, also a 27-year high.
