Stocks are poised to jump on better-than-expected jobs report

09/9/2010 | Washington Post, The · CNBC

Stock prices are expected to continue their rise today as expectations mount that the nation's unemployment is lessening. The Labor Department released figures on unemployment benefits this morning showing better-than-expected data. Initial claims for state unemployment benefits were expected to decline by 2,000, but the Labor Department reported a drop of 27,000. The jobs numbers reflect one of several signs that the economy is still moving forward.

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Washington Post, The · CNBC

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