New applications for jobless benefits rose to the highest level in nearly six months, painting a picture of an economic recovery slowing to a halt and raising fears of a double dip recession.
The number was eye-opening and unexpected. Economists had actually predicted that the number of Americans filing new unemployment claims would actually fall. They were wrong.
Jobless Claims Highest Since February
The number of American workers filing new unemployment claims jumped to 484,000, the...Full Story