20 November 2008

Jobless claims surge to a 16-year high

The sun will come out tomorrow; we just don't always know when "tomorrow" is.
NEW YORK (CNNMoney.com) -- The ranks of Americans getting by on unemployment insurance are rising fast.

As the number of Americans filing for unemployment insurance reaches a 16-year high, President Bush on Thursday announced he would extend unemployment benefits by signing the stand-alone jobless benefits bill pending in Congress.

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