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WASHINGTON (MarketWatch) -- First-time filings for state unemployment benefits hit their highest level since September 2001 in the week ending Nov. 8, the Labor Department reported Thursday. Initial claims rose by 32,000 to 516,000, while the four-week average of those claims rose by 13,250 to 491,000. Continuing claims for the week ending Nov. 1 rose to 3.89 million, their highest level since 1983. The four-week average of continuing claims rose to 3.79 million.