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Jobless Claims Hit 16-Year High

HeadlineNov 14, 2008

In labor news, the number of Americans to have recently lost their jobs has reached its highest level since the aftermath of the 9/11 attacks. According to the Department of Labor, jobless claims last week increased by 32,000 to 516,000. It’s only the second time since 1992 that claims have topped 500,000.

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