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Jobless Claims Rise, Fed's Bullard Weighs In

Thursday, 23 Aug 2012 | 8:30 AM ET

The number of Americans filing new claims for jobless benefits rose 4,000 last week, with CNBC's Rick Santelli. James Bullard, president of St. Louis Fed, offers his opinion. "On that claims number, I wouldn't be considered unless it went over 400 again," he says.