India, Oct. 15 -- A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits edged slightly higher in the week ended October 10th.

The Labor Department said initial jobless claims ticked up to 199,000, an increase of 1,000 from the previous week's revised level of 198,000.

Economists had expected jobless claims to rise to 200,000 from the 197,000 originally reported for the previous week.

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