Initial unemployment claims point to slowdown in U.S. job growth

04/19/2012 | Reuters · Hill, The

First-time unemployment claims fell by 2,000 last week, the U.S. Labor Department said, fewer than most economists expected, suggesting that job creation is slowing. The four-week rolling average of initial claims, seen as a more accurate indicator of labor-market conditions, increased to a 2½-month high.

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Reuters · Hill, The

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