UNEMPLOYMENT

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jobless claims

Jobless Claims Held at 4-Year Low of 351,000 for 3rd Week

Claims for jobless benefits came in at 351,000 for the third consecutive week and the four-week moving average continued to decline. However, economists point out that the economy needs to show more strength for the drop in the still-high jobless rate to be sustainable.
People walk in line to register for the 2009 CUNY Big Apple Job Fair at the Jacob K. Javits Convention Center in New York

Jobless Claims Hover Near 4-Year Lows

New U.S. claims for unemployment benefits edged down last week, holding near four-year lows, according to a government report on Thursday that suggested the labor market was gaining momentum.
Professor Luigi Zingales believes Greece's second likely default will pit the nation against angry taxpayers from other European countries

Euro Zone Unemployment, Inflation Inch Up

Euro zone unemployment rose to 10.7 percent in January from a revised 10.6 percent in December, while the annual inflation rate edged up to 2.7 in February from 2.6 percent in January, the European Union's official statistics agency, Eurostat, reported Thursday.
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Greek manufacturing slump deepens in Feb: PMI

Greek manufacturing shrank at its fastest rate in at least thirteen years in February as production and new orders declined at record rates, driving the sector deeper into recession and forcing firms to shed more jobs, a survey showed on Thursday.
Lucky Friday underground operations

Gold Falls 3%, Biggest One-Day Drop in 2-1/2 Months

Gold fell 3 percent on Wednesday for its biggest one-day drop in 2-1/2 months, as a dollar rally following U.S. Federal Reserve Chairman Ben Bernanke's comment on an encouraging job recovery prompted funds to heavily unwind bullish bets.
Five U.S. Stocks

Dow At 13,000, S&P Breaks 1,370: Will It Last?

The Dow Jones Industrial Average crossed 13,000 at Tuesday's market close, while the S&P 500 rose above 1,370, but a bullish psychological impact could actually drag down the market in days to come.
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German Unemployment Ticks Up, Still at Historic low

The number of employed Germans declined slightly in February, but a statistical sleight-of-hand means the unemployment rate held steady at 6.8 percent, the lowest level since Germany became the republic that it is today.
U.S. Federal Reserve

Bernanke: Progress Lowering Unemployment Could Fade

The U.S. economy would have to strengthen to ensure that the unacceptably high jobless rate keeps dropping, Federal Reserve Chairman Ben Bernanke said on Wednesday, suggesting the option of further Fed bond buying remains on the table.
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Bernanke: Progress cutting unemployment could fade

The U.S. economy would have to strengthen to ensure that the unacceptably high jobless rate keeps dropping, Federal Reserve Chairman Ben Bernanke said on Wednesday, suggesting the option of further Fed bond buying remains on the table.
Retailers sales fall January survey

GDP Revised Up to 3% in 4Q

The U.S. economy grew at a 3 percent annual rate in the fourth quarter, faster than originally estimated on unexpectedly strong business restocking, the Commerce Department said Wednesday.
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Factory data clouds view on recovery's strength

New orders for long-lasting manufactured goods fell in January by the most in three years as demand slumped across the board, suggesting the economy started the year on weaker footing than expected.
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January durable goods orders drop most in 3 years

New orders for long-lasting U.S. manufactured goods fell in January by the most in three years as demand slumped across the board, suggesting the economy started the year on weaker footing than expected.

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