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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (49227)5/5/2011 9:15:47 AM
From: Hope Praytochange  Read Replies (1) | Respond to of 103300
 
BY JEFF BATER AND LUCA DI LEO
New claims for jobless benefits unexpectedly surged last week to their highest level since last summer, according to data giving another sign of the economy's struggle in creating jobs.

Separately, U.S. productivity slowed in the first quarter as the economic recovery stumbled and labor costs started to rise again.

Initial unemployment claims increased by 43,000 to a seasonally adjusted 474,000 in the week ended April 30, the Labor Department said Thursday in its weekly report.

The prior week's figure was revised to 431,000 from an originally reported 429,000.