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Fewer Americans applied for jobless aid last week

Published: January 20, 2011
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By DANIEL WAGNER AP Business Writer WASHINGTON (AP) — Fewer people applied for unemployment benefits last week, adding to evidence that hiring will pick up this year. According to a Labor Department report Thursday, the number of people seeking benefits fell by 37,000 to a seasonally adjusted 404,000 for the week ended Jan. 15. That’s [...]

Construction spending continues upward trend

Published: January 3, 2011
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By Martin Crutsinger AP Economics Writer Washington — Builders began work on more homes and the government boosted its investment in federal construction projects in November, marking a third straight monthly increase in construction activity after a dismal summer. Construction spending increased 0.4 percent in November, the Commerce Department reported Monday. Still, building activity is [...]

New hiring, job openings on the rise

Published: May 11, 2010
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By Christopher S. Rugaber AP Economics Writer Washington (AP) — New hiring rose in March to its highest level in more than a year while job openings moved up slightly, signs the U.S. job market is slowly improving. Employers hired 4.24 million people in March, up from 4 million the previous month, according to the [...]

New jobless claims drop for third straight week

Published: May 6, 2010
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By Christopher S. Rugaber AP Economics Writer Washington (AP) — First-time claims for unemployment benefits dropped last week in the U.S. for the third straight week, a sign the job market is slowly recovering. Initial claims for unemployment insurance fell by 7,000 to a seasonally adjusted 444,000, according to the Labor Department Thursday. That’s above [...]

Reports show job gains may be slowing (1:13 p.m. 2/18/10)

Published: February 18, 2010
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By Daniel Wagner and Martin Crutsinger AP Business Writers Washington — Layoffs aren’t slowing as fast as some analysts had expected. That was the message Thursday in a government report that the number of people filing first-time claims for unemployment benefits rose unexpectedly last week. Jobless claims rose by 31,000 to a seasonally adjusted 473,000. [...]

Rising home price trend begins to flatten (1:13 p.m. 11/24/09)

By Alan Zibel AP Real Estate Writer Washington — The summer’s trend of rising home prices is flattening as the traditional home shopping season ends, two reports Tuesday showed. The Standard & Poor’s/Case-Shiller home price index of 20 major cities rose 0.3 percent to 144.96 in September, the fourth monthly increase in a row. The seasonally adjusted [...]

Jobless report ‘slightly disappointing,’ economist says

Published: October 22, 2009
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Christopher S. Rugaber AP Economics Writer Washington — The number of newly laid-off workers filing claims for jobless benefits rose more than expected last week, as employers remain reluctant to hire even with the economy showing signs of recovery. Claims had fallen in five of the previous six weeks and most economists expect that trend [...]

Economists question strength of recovery

Published: October 1, 2009
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Christopher S. Rugaber and Martin Crutsinger AP Economics Writers Washington — First-time claims for jobless benefits increased more than expected last week, a sign employers are reluctant to hire and the job market remains weak. And even though consumer spending jumped by the most in nearly eight years in August, partly because of the government’s [...]