Job growth continues plodding pace

06/24/2010 | Bloomberg Businessweek

The number of those filing for unemployment benefits hit 457,000 last week, a drop of 19,000, reports the Labor Department. "The labor market continues to recover at a moderate pace. We aren't seeing tremendous job growth at this time, but we are seeing a move toward solid job growth," says Dean Maki, chief U.S. economist at Barclays Capital.

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