Posted AT 9:16 AM EDT 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.
The full text of this article has 408 words.
To continue reading this article, you will need to purchase this article.
Already have a member account? Login now
Pay-Per-View Offers To read the complete article, select one of the following options
Purchasing from globeandmail.com is quick and secure.
| Market | Change | Value |
|---|---|---|
| Data delayed 15 minutes | ||
| S&P/TSX | +2.28 | 12,816.42 |
| DJIA | +32.73 | 11,220.96 |
| S&P 500 | +5.48 | 1,242.31 |
| Nasdaq | -3.16 | 2,255.88 |
| Stock Profile | Sponsored by: |
|---|---|
 |
MOST POPULAR 
Most Popular
| Rank | Headline |
|---|---|
| 1. | Fannie, Freddie boards meet to discuss bailout 06/09/08 4:15 PM
|
| 2. | Seasonal disorder: It's time to avoid the markets 06/09/08 9:47 AM
|
| 3. | New CAW leader vows to take on Conservatives 06/09/08 4:51 PM
|
| 4. | Google @ 10 05/09/08 11:00 PM
|
| 5. | Finance 12/04/07 4:09 PM
|
| 6. | Canada tells airlines to respect passenger rights 05/09/08 4:33 PM
|
| 7. | Owning a home elusive in oil-rich country 04/09/08 12:48 PM
|
| 8. | kitchen business 14/08/07 6:09 PM
|
| 9. | Funeral home business 17/09/07 5:35 PM
|
| 10. | Tour business 29/08/07 12:36 PM
|
Executive Decision
- Niklas Savander: Playing in RIM and Apple's backyard
- Nokia's challenge with geography
Five Things
- A behind-the-scenes look at wage inflation
- Are inflation and economic misery creeping into our paycheques? Yes
1
Incubator podcast
- Bottom-line basics
- Sherry Cooper on what every entrepreneur needs to know
11
Power
- Epcor's Don Lowry
- The outlook for the Edmonton utility
The Law Page
- Is the BlackBerry cutting into billable time?
- The BlackBerry is the ultimate client service tool - but are today's law firms billing that airport time?
Management
- Talking Management: Phil LeNir
- McGill's Karl Moore discusses going from Manager to the C-Suite with the Montreal high-tech entrepreneur
ROB CARRICKSeasonal disorder: It's time to avoid the markets
TOM BRADLEYBurgundy v. Sprott: Opposite ends of the performance cycle - for now
JOHN HEINZLSTARS AND DOGS
DEREK DeCLOETCredit crunch fallout will cast a long shadow