New jobless claims rise more than expected to 589K (AP)

In this Dec. 5, 2008 file photo, a man looks at job listings at the Employment Development Department in San Francisco. The Labor Department said Thursday, Jan. 22, 2009, new jobless claims have risen to 589,000 from the previous week's 524,000. Analysts expected claims to rise to 540,000 from 524,000 last week. (AP Photo/Jeff Chiu, file)AP – The number of new unemployment claims jumped more than expected last week, as companies continue to cut jobs at a furious pace and more Americans turn to an extended benefits program.

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