Weekly Jobless Jump To 419,000

Companies Struggle To Fill Low-Wage Positions In Tight Job Market

Photo: Getty Images

First-time claims for unemployment benefits are taking a shocking jump. 

The Labor Department reports initial jobless claims shot up to 419,000 last week, up 51,000 over the previous week's revised total. 

Last week's total is more than a million fewer than the same week last year.

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