New layoff filings jump as companies retrench
(AP)
<p><img src="http://d.yimg.com/us.yimg.com/p/ap/20080703/capt.d7ea27e3b8094c7a93a5bfca3d82d201.economy_nybz164.jpg?x=86&y=130&q=85&sig=UR9BibvaBYJ4bZvLK0irKw--" align="left" height="130" width="86" alt="In this June 5, 2008 file photo, job seekers gather at the Los Angeles Mission for the 7th annual Employment and Training Collaborative of Hope Central Career Fair in Los Angeles. Employers cut payrolls by 62,000 in June, the sixth straight month of nationwide job losses, underscoring the economy's fragile state. The unemployment rate held steady at 5.5 percent, it was announced Thursday July 3, 2008. (AP Photo/Ric Francis)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20080724/ap_on_bi_go_ec_fi/economy)AP - The number of newly laid off people filing claims for unemployment benefits bolted past 400,000 last week as companies trimmed their work forces to cope with a slowing economy.</p><br clear="all"/>
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