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Tag Archive | "jobless rate"

Jobs Report Upbeat, But Does It Spell Recovery?

Friday, the Labor Department reported the economy added 244,000 jobs in April. After adding 235,000 and 221,000 jobs in February and March, this should indicate the economy is finally accomplishing momentum; however, rising gas prices and sluggish consumer demand cloud the outlook. A surge in April first-time jobless claims indicate growth is stuck at depressed, [...]

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