Unemployment Report - KWWL - Eastern Iowa Breaking News, Weather, Closings

Unemployment Report

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Waterloo (KWWL) - The Department of Labor will release the Unemployment and Job Report Friday morning.

About an hour after those figures come out, the Joint House and Senate Economic Committee will hold a hearing to examine the finer details.

The Labor Department said the four-week average of new unemployment claims was at more than 641,000 the highest since 1982, even though the labor force is about 50 percent larger now.

 

Online Producer: Maria Magner

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