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Tag Archives: Unemployment

Consumers spend and earn more, layoffs slow

WASHINGTON — Americans earned more and spent more last month, and the number of people applying for unemployment benefits dropped last week to the lowest level in more than two years. At the same time, demand for long-lasting manufactured goods ...

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1,000 workers hired under tax credit plan but questions raised

Lloyd Coates has made steel, guns, airplane wings, parts for landing gear and Styrofoam cups. But he spent most of the last two years out of work, handing out resumes and juggling bills to make ends meet. Of the more ...

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Maryland employers added 5,900 jobs in October

Maryland’s employers added 5,900 jobs last month, but the state’s unemployment rate held steady at a seasonally adjusted 7.4 percent. It was the first October expansion of employment rolls since 2007, according to the state Department of Labor, Licensing and ...

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Study forecasts steady but slow economic growth

NEW YORK — The pace of the U.S. economic recovery will remain steady but slow in the face of persistently high unemployment and heavy debt burdens, according to a new report. The survey, by the National Association for Business Economics, ...

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Unemployment fund could need another loan

Maryland’s labor department is prepared to take out another loan in early 2011 to pay jobless benefits following a year in which and lawmakers scrambled to secure federal funds to shore up a benefits system stressed by continued high unemployment. ...

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Jobless claims rise but broader trend offers hope

WASHINGTON — The number of people applying for unemployment benefits barely rose last week, offering some hope that the job market may be improving. But claims need to fall further to bring down the 9.6 percent unemployment rate. Initial claims ...

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Economists: Nation won’t really rebound until 2012

LANSING, Mich. — In a good sign for a resurging General Motors, University of Michigan economists are forecasting a climb in motor vehicle sales over the next two years that should help bolster automakers’ fortunes. But don’t look for a ...

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