Jobless Claims Hold Steady

Unemployed people wait in line at the California Employment Development Department in San Jose, Calif., Wednesday, Jan. 16, 2008. The Labor Department reported Thursday that claims for unemployment benefits totaled 301,000, down 21,000 from the previous week. It was the lowest level for weekly claims since late September. (AP Photo/Paul Sakuma)
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Washington (AP) New filings for unemployment benefits held steady last week but were still at a high level, pointing to a cooler jobs market.

In a new report today, the labor department says new applications for unemployment insurance stayed at 384,000 for the week ending June 21, marking no change from the previous week. The figure was higher than the 375,000 claims level economists were

The four-week moving average of claims, which smoothes out week-to-week fluctuations, rose by 2,250 last week to 378,250.