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Initial jobless claims rose by 15,000 last week, while continuing claims fell, the Labor Department said Thursday.

Claims rose to 478,000 for the week ended Saturday, above forecasts of 468,000 claims, Bloomberg reported.

The four-week moving average, a less volatile measure, fell to 480,250 from 484,750.

The number of continuing claims fell to 3.72 million for the previous week ended Oct. 11, from 3.726 million the prior week.