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Jobless Claims Jump to 16-Year High

HeadlineNov 21, 2008

The number of workers seeking unemployment benefits has reached a sixteen-year high. Last week, 542,000 workers filed claims for unemployment benefits. More than ten million people are now unemployed and looking for work. On Thursday, the Senate approved a measure to provide up to three months of extra benefits for those whose unemployment benefits have run out or are about to expire.

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