Jobless Rate Drops to 4.7 Percent
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The U.S. economy added jobs at a moderate pace in August, enough to lower the unemployment rate a notch without deepening worries about inflation.
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OTTAWA (CP) - The jobless rate was 7.0 per cent in January, unchanged from December, Statistics Canada said Friday.
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U.S. employers cut 4,000 jobs in August, the first time in four years that monthly hiring contracted, the government said on Friday in a report certain to boost pressure on Federal Reserve policy makers to cut interest rates.
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The number of U.S. workers signing  up for first-time jobless benefits fell to a seasonally  adjusted 308,000 last week, slightly lower than expected, a  government report on Thursday showed.
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WASHINGTON -- Hiring perked up in August as employers added 128,000 jobs, pulling down the unemployment rate to 4.7 percent, sending a Labor Day message that the economic expansion still has staying power.
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Massachusetts' unemployment rate fell in September to 4.4 percent, the lowest level in six months. The rate calculated by the state fell from 4.5 percent in August and now matches the 4.4 percent recorded in March - when the state's unemployment reached its lowest level since October 2001, when a recession took hold.
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WASHINGTON -- The unemployment rate dropped to 4.5 percent, and workers got fatter paychecks in February, even as bad winter weather sent a bit of a chill through US job growth.
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New claims for U.S. jobless aid fell by a more-than-expected 17,000 last week to the lowest level since mid-July, Labor Department data showed on Thursday, but the four-week average of claims changed little.
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The jobless total fell by 67,000 to 1.38 million, the lowest since records began in 1984, the Office For National Statistics said.
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The number of Americans applying for  first-time jobless aid unexpectedly fell by 5,000 last week,  according to a government report released on Thursday that  offered a dose of cheer for the job market.
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The number of workers filing new  claims for jobless aid unexpectedly fell 15,000 last week to  its lowest in four months, according to government data on  Thursday that underscored a stronger labor market.
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UK unemployment fell by 7,000 to 1.7 million between August and October, official figures show.
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The state unemployment rate held steady at 4.6 percent for the fourth consecutive month, but the state lost 3,300 payroll jobs and employers remained cautious about adding workers, the Labor Department reported yesterday.
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New claims for U.S. jobless aid fell  by a bigger-than-expected 17,000 last week to the lowest level  since mid-July, government data showed on Thursday, but the  four-week average of claims changed little.
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Poland's unemployment rate dropped for the eighth consecutive month in October, falling to 18.7 percent from 18.9 percent in September, the economy minister said Monday.
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Employers cut 4,000 jobs in August, the first time in four years that monthly hiring contracted, the government said on Friday in a report certain to boost pressure on Federal Reserve policy makers to cut interest rates.
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The number of Americans filing  first-time claims for unemployment benefits dipped to 334,000  last week, the government said on Thursday, matching  economists' forecasts.