Claims hit their highest level since April in latest week
WASHINGTON — Initial requests for jobless benefits rose last week to their highest level since April, a sign that hiring remains weak and some companies are still cutting workers.
The Labor Department said Thursday that new claims for unemployment insurance rose by 19,000 to a seasonally adjusted 479,000. Analysts had expected a small drop. Claims have risen twice in the past three weeks.
Some of the increase in claims stemmed from difficulties the government has in adjusting for seasonal factors.
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3 comments:
Isnt this what all the politicians should be concerned with.
Another surprise? Why would anyone who can read the writing on the wall be surprised? This is just anothe example of how incompetent and stupid our government officials really are.
Would these have jumped because they are now eligible to get the extra benefits. Many peoples benefits had run out but now they are eligible for the extended benefits
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