 Washington Post | US Jobless Claims Reach Seven-Year High of 516000 (Update1) Bloomberg - By Bob Willis Nov. 13 (Bloomberg) -- First-time claims for US unemployment insurance rose last week to the highest level since September 2001, when the economy was last in a recession, as weakening demand led companies to fire more workers. Initial US jobless claims highest since Sept. 2001 Jobless claims jump unexpectedly to 7-year high |