Job Market Gives Hint Of Recovery
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The nation's longest job slump since the Depression ended last month when U.S. employers hired enough new workers to boost total payrolls above what they were before the 2001 recession.
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The number of new people signing up for unemployment benefits in the United States dropped last week, a hopeful sign that the recovery in the US jobs market is moving ahead.
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The U.S. labor market looks set for a 'slight softening' in the first three months of 2007, according to a quarterly survey with a strong record of predicting shifts in employment trends.
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Online job recruiting bounced back in August following a seasonal decline last month.
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U.S. businesses likely took on a  moderate amount of new hires in February even as the economy  started showing some more signs of weakness, economists say.
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WASHINGTON - The US job market brightened in August as employers added 144,000 workers to their payrolls and hiring totals for the two prior months were revised up, the Labor Department (search) reported on Friday.
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Holiday sales data and a jobs report this week will provide the first glimpse of the economy's health going into 2005, and could give another boost to the end-of-year stock rally, analysts said.
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The increase was smaller than expected, suggesting resilience in the labor markets.
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The drop in initial jobless claims points to resilient labor market even as the economy slows.
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The nation's labor markets sputtered again last month as job growth, which surged in October, reverted to the lackluster pace that has marked the recovery for much of the year.
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U.S. businesses likely took on a moderate amount of new hires in February even as the economy started showing some more signs of weakness, economists say.
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One economist is beginning to glimpse signs of recovery that he says may be confirmed this week by a pair of reports on home sales.
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US job growth revived last month, the government reported Friday, providing fresh ammunition for the presidential candidates as they debate the strength of the economy in the final two months before the election.
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What happened to the economic recovery? The economy is supposed to be creating more jobs than are being revealed in the monthly non-farm payroll reports.
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While thousands of layoffs are expected, other openings may mean an easier rebound for workers than in 2001.
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WASHINGTON - America's payrolls picked up in August, with the economy adding 144,000 jobs, slightly less than economists were forecasting and highlighting the slow and uneven recovery in the labor market that jobseekers have braved.    The unemployment rate dipped to 5.4 percent last month from 5.5 percent in July...
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Retail sales bounced back a bit in July, and new claims for jobless benefits fell last week, the government said Thursday, indicating the economy is improving from a midsummer slump.