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Good news on the U.S. jobs market led to a rally for the Dow Jones Industrial Average. The U.S. unemployment rate in September fell from 8.1% to 7.8%, the lowest since January 2009. More Americans found part-time work, helping to account for the decline, the U.S. Bureau of Labor Statistics Labor announced Friday, 5 October […]
A global economic storm is raging, putting a dark cloud over job growth. Several recent reports from the U.S. Bureau of Labor Statistics and other observers of the global and U.S. job markets and economy are likely to struggle to grow, at least during early 2013. Like the economy as whole, employment in the United […]
Continue reading …From CounterPunch.com – By DAVE LINDORFF — The U.S. stock market jumped up today on word that the number of new unemployment applications fell to the lowest level in four years. Sounds good, right? It’s meant to sound good, but if you look at the number, and if you think about what it really means, it’s […]
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