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Soaring Initial Claims Suggest +100K Nonfarm Job Losses in September

Economists say the trend in jobless claims suggests marked deterioration in the U.S. jobs market . Initial claims have been above 425k for nine weeks now, and the latest figure is the highest since just after the World Trade Center attacks in September 2001. Initial claims for unemployment benefits in...

Posted to MND NewsWire (Weblog) by Anonymous on Thu, Sep 25 2008

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