240,000 unemployment claims, highest since August

Jobless claims hit 240,000, highest since August – CBS News

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The number of first-time unemployment claims filed last week rose to 240,000 new applicants, the highest level since August, according to figures from the US Department of Labor. Javier David, his editor of Managing Business and Markets at Axios, explains what this uptick represents for the state of the economy.

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Written by Natalia Chi

Chicago Popular; Chicago breaking news, weather and live video. Covering local politics, health, traffic and sports for Chicago, the suburbs and northwest Indiana.

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