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Jobless claims jump unexpectedly to 16-year high

forbes.com — With the number of new claims for U.S. jobless benefits hitting a 16-year high, some economists warn of further waves of layoffs in the months ahead. Even already battered industries such as construction and manufacturing are expected to see more job cuts. Layoffs also are likely to spread to relatively unscathed areas such as retail,

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  • tucsonsun13, on 11/21/2008, -0/+1unexpectedly? Why I think not.

    It's even worse out here than the media dares to discuss.
  • yourmomdotcom, on 11/21/2008, -0/+0I do residential construction work and my boss says this is the slowest it's ever been in his 35 years as a brick/block mason. We haven't worked in three weeks. Spaghetti noodles, Ramen, rice and baked potatoes FTW!
  • nontoxyc, on 11/21/2008, -2/+2Buried for inaccurate title
  • Autodidaddict, on 11/21/2008, -0/+0Could have been worded more clearly for sure...but not inaccurate....

    @nontoxyc: Buried for inaccurate comment

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