Jobless Claims Rise Unexpectedly to 480,000
WASHINGTON — The number of newly laid-off workers filing initial claims for jobless benefits rose unexpectedly last week, evidence that layoffs are continuing and jobs remain scarce.
The rise is the fourth in the past five weeks. Most economists hoped that claims would resume a downward trend that was evident in the fall and early winter.
(Excerpt) Read more at foxnews.com …
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