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Job Market

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  • Dollar hits six-year peak vs yen, stocks rally

    Dollar hits six-year peak vs yen, stocks rally
    NEW YORK (Reuters) - Investors focused on an increase in the Federal Reserve's interest rate forecast boosted the dollar to a more than six-year peak against the yen, while global equity markets rallied and the Dow and S&P 500 set fresh record highs on the Fed's unchanged timeline for eventual rate hikes.
  • Illinois unemployment rate falls again

    Illinois unemployment rate falls again
    Illinois' unemployment rate fell to 6.7 percent in August, only a slight decrease from the month before but marking the largest year-over-year decline since 1984. The state's Department of Employment Security  said the rate represents a decline of two-...

    Construction of new homes falls sharply in August

    Housing starts tumbled in August, led by a falloff in apartment and condo construction, new figures showed. Construction of new homes plunged 14.4% from July to a seasonally adjusted annual rate of 956,000, the Commerce Department said Thursday. The...

    U.S. jobless claims data point to firming labor market

    U.S. jobless claims data point to firming labor market
    WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell more than expected last week, suggesting that a sharp slowdown in job growth last month was probably an aberration. While other data on Thursday showed some...

    U.S. job creation in year through March revised up 7,000

    WASHINGTON (Reuters) - The U.S. economy likely created 7,000 more jobs in the 12 months through March than previously estimated, the Labor Department said on Thursday. The reading is a preliminary estimate of the department's annual "benchmark"...