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Thursday, April 14, 2011

Weekly Unemployment Rate Shoots Up

An unexpected jolt in people applying for unemployment benefits last week raised the number of applications to a seasonally adjusted 412,000.

It  was the first increase in three weeks, and could be a sign that people who stopped looking for work are coming back, but the 27,000 additional requests for assistance for the week ending April 9 put the jobless aid figure at its highest point since mid-February.

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