Jobless claims jump unexpectedly to 16-year high
(AP)
AP - New claims for unemployment benefits jumped last week to a 16-year high, the Labor Department said Thursday, providing more evidence of a rapidly weakening job market expected to get even worse next year.
AP - Democratic officials say that Arizona Gov. Janet Napolitano is a leading contender for the job of secretary of homeland security in President-elect Barack Obama's administration.
