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Strategies & Market Trends : Labor Market

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To: flint who wrote (17)6/20/2003 9:03:33 PM
From: flint   of 46
 
News Trends - 5/29/03 Is this the end of the Labor Market Crisis?

When the nightmare started, they never saw it. This article timed the recent bottom in my want ads trend. Hopefully it will stay as the permament bottom.

Flint

05-29-2003; Reuters Business; Nancy Waitz

WASHINGTON (Reuters) - New U.S. jobless claims fell last week but the number of people continuing to draw unemployment benefits rose to the highest level in about 18 months, signaling persistent difficulties in the job market, a government report showed on Thursday.
Initial claims for state unemployment insurance benefits, an early reading on the resilience of the job market, fell to 424,000 in the week ended May 24 from a revised 433,000 in the prior week, the Labor Department said
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