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May 24, 2013 | NPR ·
May 24, 2013 | NPR ·
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May 24, 2013 | NPR ·
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economy
May 22, 2013 — The Fed chairman cautioned Wednesday that if interest rates were to start rising now, the economy could slump. Meanwhile, the National Association of Realtors said sales of existing homes rose — and would have been even stronger if not for tight inventory.
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May 16, 2013 — The good news: Inflation remains in check. The bad news: Jobless claims are up, and housing starts are down.
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May 3, 2013 — The eagerly anticipated news was better than expected. And the Bureau of Labor Statistics revised upward its estimates of job growth in February and March.
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May 3, 2013 — April job growth and unemployment figures are coming Friday morning. Economists expect to hear that employers added about 150,000 jobs to their payrolls and that the jobless rate stayed at 7.6 percent. But they worry about another negative surprise.
May 2, 2013 — There were 324,000 first-time claims for unemployment insurance last week, down 18,000 from the previous week's 342,000. Numbers on April's unemployment rate and job growth are due to be released Friday.
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May 1, 2013 — Federal spending cuts and tax increases have started to bite, according to the latest ADP National Employment Report. On Friday, the Bureau of Labor Statistics will weigh in with its figures on unemployment and job growth in April.
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Apr 26, 2013 — Growth was a bit weaker than economists expected, but was well above fourth-quarter 2012's weak 0.4 percent increase. The first-quarter figure is likely to be revised in coming months, perhaps closer to the 3.2 percent growth economists were expecting.
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Apr 25, 2013 — While the news is a positive sign, employers still seem to be reluctant to add many new jobs to their payrolls.
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Apr 23, 2013 — The housing sector continues to be a bright spot for the economy. Home construction had its strongest quarter since 2008.
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Apr 22, 2013 — The housing sector has been one of the economy's bright spots, and economists expect that to continue. But they also say that until new-home construction catches up, the supply of homes for sale will remain tight.
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