Number of Americans Filing Jobless Claims Rises to Highest in Nearly 1 Year
By Tom Ozimek The number of Americans filing for unemployment benefits rose to an 11-month high last week, while the number of U.S. workers continuing to collect unemployment benefits rose to a multiyear high, delivering a fresh sign of labor market weakness. Initial jobless claims, which are often seen as a proxy for unemployment, jumped by 14,000 to 249,000 for the week that ended on…
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