Thursday, November 20, 2008

U.S. Labor Market: Jobless Claims Jump to 16 Year High

First-time filings for unemployment benefits shot up to their highest level since July 1992 last week, rising 27,000 to a seasonally adjusted 542,000 and punctuating the struggling state of the U.S. labor market, government data showed Thursday...

Read more U.S. Labor Market: Jobless Claims Jump to 16 Year High

Source: MarketWatch

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