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New jobless claims jump from two-year low (access required)

by admin

Published: July 22,2010

Time posted: 6:24 am

Tags: jobless, unemployment

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New jobless claims jumped last week by the most since February, reversing the previous week's sharp decline. The rise is partly a result of seasonal factors but also reflects the job market's weakness. New claims for unemployment insurance jumped by 37,000 to a seasonally adjusted 464,000, the Labor Department said today. The sharp increase comes after claims ...





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