Rise in Jobless Claims Downplayed

Summary


WASHINGTON - Newly laid-off workers signed up for unemployment benefits at a faster pace last week, yet companies still seem wary of pruning too much as economic activity slows.

New applications filed for the workweek ending Nov. 18 rose by a seasonally adjusted 12,000, to 321,000, the Labor Department reported Wednesday.

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Extract


Rise in Jobless Claims Downplayed

Even though the increase left claims at a three-week high, the figures were considered consistent with a jobs climate that remains decent despite t...

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