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Labor Department Releases Latest Unemployment Statistics
One of the major talking points during the presidential campaign was jobs. Today the labor department issued the latest statistics.
Unemployment benefits rose just slightly last week. Applications increased 4,000 to a seasonally adjusted 371-thousand.
Weekly applications for unemployment benefits are considered an indication of layoffs since last January, and they have remained between 360-thousand and 390-thousand. And in the past 12 months, an average of 153-thousand jobs have been added each month.