Jobless claims highest in 16 months

04/16/2004 | ABC News · MarketWatch

Last week's initial unemployment claims rose 30,000 over last week's 330,000, the highest number since December 2002. Analysts say the four-week average rose to slightly more than 344,000, which -- while still increasing -- they contend is still slightly below the level generally accepted as marking an improved job market.

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ABC News · MarketWatch

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