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Initial jobless claims climbed by 11,000 last week to 428,000, the highest level in nearly three months, the Labor Department said Thursday.

Economists had forecast a decline to 411,000, Bloomberg reported.

The four-week moving average, a less volatile measure, increased to 419,500, from 415,500.

Continuing jobless claims for the previous week ended Sept. 3 declined by 12,000 to 3.73 million, Labor said.