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Thursday, June 30, 2011

Job Market Unexpectedly Weak

Notice how they've learned how to avoid using the word "unexpectedly."
Initial claims for state unemployment benefits slipped just 1,000 to a seasonally adjusted 428,000, the Labor Department said. Economists polled by Reuters had forecast claims dropping to 420,000. The prior week's figure was unrevised at 429,000.

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