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Politics : Liberalism: Do You Agree We've Had Enough of It?
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From: tonto8/19/2010 8:58:06 AM
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New Jobless Benefits Claims Leap to 500,000, Highest Since November

Published August 19, 2010

WASHINGTON -- New applications for unemployment insurance reached the half-million mark last week for the first time since November, a sign that employers are cutting jobs again as the recovery slows.

The Labor Department says initial claims for jobless benefits rose by 12,000 last week to 500,000, the fourth increase in the past five weeks. Wall Street economists forecast that claims would drop.

(SI forecast was for an increase)
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