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Tag Archives: Unemployment

Rate on 30-year mortgage drops to record 3.89 pct.

WASHINGTON — Fixed mortgage rates fell once again to a record low, offering a great opportunity for those who can afford to buy or refinance homes. But few are able to take advantage of the historic rates. Freddie Mac said ...

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Unemployment benefit applications jump to 399,000

WASHINGTON — Applications for weekly unemployment benefits spiked last week, largely because companies let go of thousands of workers after the holiday season. Weekly applications rose by 24,000 to a seasonally adjusted 399,000, the Labor Department said Thursday. That’s the ...

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New year starts with hopeful outlook on hiring

WASHINGTON — The job market is looking a little brighter at the start of the new year. Weekly unemployment benefit applications have fallen to levels last seen more than three years ago. Holiday sales were solid. Service companies grew a ...

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Fewer Americans sought unemployment aid last week

WASHINGTON — The number of Americans seeking unemployment benefits fell further last week, ending the year on a three-month run of declines that point to stronger hiring in 2012. Weekly applications dropped by 15,000 to a seasonally adjusted 372,000 last ...

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U.S. job market ends year in better shape

WASHINGTON (AP) — The long-suffering job market is ending the year better off than it began. The number of people applying for unemployment benefits each week has dropped by 10 percent since January. The unemployment rate, 8.6 percent in November, ...

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