JOBS

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Republicans attack on Democrats on jobs

Republicans emboldened by a weak U.S. jobs report pressed their attack against the ruling Democrats on Friday, hoping to translate Americans' unhappiness with the economy into votes on November 2.
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Economy sheds 131,000 jobs in July

Employment fell for a second straight month in July as more temporary census jobs ended while private hiring rose less than expected, pointing to an anemic economic recovery.
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Dollar stuck near 3-month low as jobs data looms

The dollar was on the defensive near a 3- month low against a basket of currencies after weak U.S. jobless claims figures heightened worries that Friday's payroll data could paint a bleak picture of the U.S. economic recovery. A weak reading could fuel talk that the Federal Reserve may consider additional easing steps as early as next week, which could put pressure on the dollar particularly against the yen, given the pair's recent strong correlation with U.S. Treasury yields.
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Concerns about jobs and consumers take toll on stocks

Stocks fell on Thursday as persistent concerns about unemployment and consumer spending were underscored by an unexpected rise in initial jobless claims and July retail sales that were mostly weaker than expected.
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Dollar recovers vs euro ahead of jobs data

The dollar was little changed against the euro on Thursday, as investors squared positions ahead of a U.S. payrolls report that markets hope will offer fresh insight on the state of the U.S. economy. Strong German industrial data and signs that Spain and Greece were making progress in trimming budget deficits earlier lifted the euro, as did data showing U.S. initial jobless claims unexpectedly rose in the latest week.
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Wall Street set for weak open as jobs jitters weigh

Stocks were set for a weak open on Thursday after data showed first-time claims for jobless benefits rose unexpectedly, underscoring ahead of Friday's key jobs report the hurdles facing a recovery in the labor market.
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Dollar recovers as market awaits U.S. jobs data

The dollar rose on Thursday, recovering as investors unwound bets against the currency thanks to some better signs on the economy ahead of key U.S. non-farm payrolls figures on Friday. An ADP report on Thursday showed the U.S. added 42,000 jobs in July. Coupled with encouraging service sector data, that relieved some of the recent pessimism about the world's biggest economy, but traders said more good news was needed to overturn negative dollar sentiment.
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Investors hold fire and eye ECB, BoE and U.S. jobs data

World stocks eked out small gains with European shares staying flat on Thursday as investors eyed meetings of the European Central Bank and Bank of England later in the session and Friday's U.S. jobs data loomed large.
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Jobs and earnings latest test for stocks

U.S. stocks are unlikely to break above a key technical level this week unless monthly jobs data and consumer company results paint a more promising picture of the recovery.
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Jobs data, earnings latest test for stocks

U.S. stocks are unlikely to break above a key technical level next week unless monthly jobs data and consumer company results paint a more promising picture of the recovery.
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Chrysler to keep Michigan plant open, add jobs

Chrysler Group LLC will add a second shift to the Sterling Heights Assembly Plant near Detroit in early 2011 and keep that plant open beyond 2012, when it had been planned to shut, the company said on Friday.
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U.S. local govts warn: More jobs will be axed

Local government revenue has dwindled so severely that U.S. cities and counties will have to cut hundreds of thousands of jobs in the coming months, leaving communities without basic services and pressuring jobless rates.
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Americans want Obama to focus more on jobs

Americans by a large majority believe President Barack Obama has not focused enough on job creation, as economic fears threaten Democrats ahead of November 2 elections
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Bernanke says further easing hinges on jobs

The Federal Reserve may try to push borrowing costs even lower if the job market continues to languish, Fed Chairman Ben Bernanke said on Thursday, offering a hint of what might trigger additional monetary easing.
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Bernanke links further Fed easing to jobs

The Federal Reserve will try to push borrowing costs even lower if the job market continues to languish, Fed Chairman Ben Bernanke said on Thursday, offering his clearest blueprint yet for possible additional monetary easing.

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