New Unemployment Benefits Claims Jump to 500,000
The number of first-time filers for unemployment benefits rose for the third week in a row, according to a weekly Labor Department report. According to the report, initial jobless claims jumped to 500,000, last week.
The number of people filing for initial unemployment benefits jumped 12,000 from the week before, which was adjusted to 488,000. It marks the third week in a row that the number has increased and is the highest level in nine months, according
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