U.S. jobless claims highest in more than 26 years

April.2 The number of U.S. workers filing new claims for jobless benefits surged to a nearly 26-1/2 year high last week, data showed on Thursday, indicating that the pace of job losses was yet to peak.

At the same time, the number of laid-off workers collecting state unemployment benefits jumped to a record high in March, the Labor Department said, as the recession now in its 16th month makes it tough to find a new job.

At the same time, the number of laid-off workers collecting state unemployment benefits jumped to a record high in March, the Labor Department said, as the recession now in its 16th month makes it tough to find a new job.

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