Another Record in Jobless Claims

Jan. 29, 2009
At highest level since 1967

For the week ending Jan. 24 unemployment claims were 3,000 higher than last week, coming in at 588,000. This is the highest level since 1967.

The unemployment rate hit 3.6%, an increase of 0.2 percentage point from the prior week's rate of 3.4%.

The highest insured unemployment rates in the week ending Jan. 10 were in Michigan (7.3%), Oregon (6.7%), Idaho (6.5%), South Carolina (6%), Pennsylvania (5.8%), Wisconsin (5.7%), Indiana (5.5%), Nevada (5.3%), Montana (5.2%), Puerto Rico (5.2%), and Rhode Island (5.2%).

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