Good news for many of those collecting unemployment that were facing having no income with job prospects looking pretty dim in many parts of the country, especially here in Northwestern Ohio. President Bush said Thursday that he will sign the bill, which was approved by the House in October.
Initial filings for state jobless benefits increased by 27,000 to 542,000 for the week ended November 15. This marks the third time since 1992 that initial claims have exceeded 500,000.
Claims reached the highest total since the week ending July 25, 1992, when 564,000 initial claims were filed.
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