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All Posts Term: TheStreet
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Employment Improves and Wal-Mart Raises Some Wages

Walmart

Labor markets improved last week according to government reports showing the number filing for unemployment benefits decreased more than expected. Initial claims came in at 283,000, which was 21,000 people lower than the previous period and lower than anticipated. The general consensus was initial claims would come in closer to 295,000. Some economist have become very optimistic about labor markets while others point to real employment and the low participation rates among other negative signs.

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