Friday, November 14, 2008

UPDATE: Jobless Claims Hit 25-year High

The number of workers filing new claims for jobless benefits rose by an unexpectedly steep 32,000 last week to 516,000, the highest since the weeks following the September 11, 2001 attacks on the United States, the Labor Department said.

Read more Jobless claims hit 25-year high, imports plunge


Source: reuters

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