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News Link • Employment & Jobs

US jobless claims rise to 500,000 - highest level since Nov. 2009

• AP

The number of U.S. workers making new claims for jobless benefits unexpectedly rose last week to the highest level in nine months, the Labor Department said in its weekly report Thursday -- a distressing sign for an already weak labor market.

Initial unemployment claims rose by 12,000 to 500,000 in the week ended Aug. 14. It was the highest level since Nov. 14, when claims stood at 509,000.

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