Economic Report: Jobless claims at highest since mid-December

Posted by admin
February 4, 2010

First-time filings for state unemployment benefits climbed to their highest level since mid-December last week, defying the forecasts of economists who had expected a sharp downturn, government data showed Thursday. For the week ended Jan. 30, initial claims rose 8,000 to stand at 480,000, according to the Labor Department.

Read the whole story at MarketWatch.com

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