Posted AT 9:16 AM EST on 24/07/08
Jobless claims swell in U.S.
WASHINGTON — The number of newly laid off people filing claims for unemployment benefits bolted past 400,000 last week as companies trimmed payrolls to cope with a slowing economy.
The Labour Department reported Thursday that the number of new applications filed for jobless benefits rose by a seasonally adjusted 34,000 to 406,000 for the week ended July 19.
That matched the level seen in late March.
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