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Jobless claims rise; productivity surges

by on Sep. 05, 2008, under Business Edge

The Associated Press
IN BRIEF

WASHINGTON – Jobless claims rose unexpectedly last week, the
government said Thursday, while companies responded to the slowing
economy by producing more with fewer workers.

The Labor Department reported that new applications for unemployment
insurance rose to a seasonally adjusted 444,000, up 15,000 from the
previous week. Economists had expected claims to drop to 420,000.

Meanwhile, productivity, or the amount of output for every hour of
work, rose at a 4.3 percent annual rate in the April-June quarter, a
full percentage point higher than economists expected.

The Associated Press

Comcast appeals FCC ruling on Web blocking

WASHINGTON – Comcast Corp. is appealing an FCC ruling that the
company is improperly blocking customers’ Web traffic, triggering a
legal battle that could determine the extent of the government’s
authority to regulate the Internet.

In a precedent-setting move, a divided Federal Communications
Commission last month determined that the company is violating a
federal policy that guarantees unfettered access to the Internet.

Comcast challenged the FCC decision Thursday in the U.S. District Court of Appeals in Washington.

The Associated Press

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