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| Analysts are fearful as they watch filings for unemployment benefits climb to a dangerous 'threshold' above 240,000 applications this cycle. 'New filings for unemployment benefits continued to climb last week, reaching 248,000 and for the second week in a row nearing our threshold of 250,000 that suggests risk of a recession,' writes Tuan Nguyen, an economist analyzing U.S. and global economic data at RSM US LLP. |
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At www.alternet.org from AlterNet
At www.alternet.org from AlterNet
