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Friday, April 11, 2008

Unemployment claims rise

Unemployment insurance claims rose almost 4 percent last month.

The Department of Labor said layoffs mostly in manufacturing caused the increase in first-time unemployment claims. Initial claims, the department says, indicate economic activity because they measure newly unemployed workers.

Claims in March totaled above 42 thousand. That figure is up by 36 percent from last year at this time.

GPB News Team: