Unemployment Soars to 7-Year High

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New figures show the highest number of jobless claims since immediately after Sept. 11, 2001.

Claims for the week ending Sept. 20 jumped by 32,000, more than expected.

Figure reflects claims in the wake of hurricanes Gustav and Ike.

On Wall Street, the Dow Jones pops more than 100 points after opening.

Related Topics: News
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