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bloomberg.com - 11/13/2008

U.S. Jobless Claims Reach Seven-Year High of 516,000 (Update1)

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Nov. 13 (Bloomberg) -- First-time claims for U.S. unemployment insurance rose last week to the highest level since September 2001, when the economy was last in a recession, as weakening demand led companies to fire more workers. Initial jobless claims increased by 32,000 to a larger- ...

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nytimes.com - 11/7/2008

Jobless Rate at 14-Year High After October Losses

— nytimes.com — The economy lost 240,000 jobs in October, pushing the unemployment rate to 6.5 percent, the Labor Department... said, as the toll from slowdown spread. > (more) Jobless Rate at 14-Year High After October Losses

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thinkprogress.org - 11/20/2008

Jobless claims jump to 16-year high.

— thinkprogress.org — New claims for unemployment jumped unexpectedly to a 16-year high last week , the Labor Department reported,... with 542,000 new claims for jobless benefits being filed. “Claims above 400,000 are generally considered a sign of recession , and ... (more) Jobless claims jump to 16-year high.

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chicagobreakingnews.com - 11/20/2008

Jobless claims hit 16-year high

— chicagobreakingnews.com — The government said new applications for jobless benefits rose to a seasonally adjusted 542,000 from a downwardly... revised figure of 515,000 in the previous week. That's much higher than Wall Street economists' expectations of 505,000, according to a ... (more) Jobless claims hit 16-year high

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New Jobless Claims Highest Since 9/11
The Page by Mark Halperin — Initial unemployment claims rise to 516,000-- more than expected, and the highest number since September 2001. Total number receiving unemployment benefits jumps to highest level in 25 years.       

U.S. Jobless Claims Reach Seven-Year High of 516,000
Democratic Underground Latest Breaking News — ... joblessness will further squeeze consumer spending, which accounts for more than two-thirds of the economy, and threaten a protracted downturn, economists said. ``The labor market is only reinforcing a very pessimistic picture,'' Linda Barrington, a labor economist at the Conference Board, said in a Bloomberg Television interview. ``When you start to see the downward pressure on wages as well as the credit crunch, that's only going to make consumers much more nervous.'' Read more: http://www.bloomberg.com/apps/news?pid=20601087 ...