Labor Department reports initial jobless claims increase to 870,000

BYNIV ELIS-

Data from the Labor Department showed the number of new jobless claims for the week ending September 19th increased to a seasonally adjusted 870,000, a small increase of 4,000 from the previous week.

The weekly report from the Labor Department did show a more promising trend...finding a significant drop in the total number of people claiming benefits across all unemployment programs.

More: CNBC.COM


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