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Economic Report: U.S. Jobless Claims Hit a 27-Month High – 02/01/08

Posted on January 31, 2008 | in Labor News | by

Economic Report:

Jobless claims hit a 27-month high last week, but nationwide the unemployment rate held steady at 5 percent. However, the request for unemployment is the biggest since just after Hurricane Katrina in September of 2005. Economists suggest that some of the decline in jobs could be attributed to traditional post-holiday lay-offs.

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