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Aug 4, 2022

Is the unemployment system prepared for a recession?

Rising jobless claims are likely to challenge strained state-run unemployment systems. Plus, a closer look at the U.S.’ record exports.

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For the week of March 14, there were 281,000 new claims, the highest level for initial claims since Sept. 2, 2017.
For the week of March 14, there were 281,000 new claims, the highest level for initial claims since Sept. 2, 2017.
Justin Sullivan/Getty Images

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Is the unemployment system prepared for a recession?