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State Senate Votes To Raise Minimum Wage Over 2 Years To $9 Per Hour
The Hartford CourantThe state Senate voted Thursday night to raise the minimum wage - an issue that has been controversial through the years. The latest version calls for raising the wage by 75 cents per hour over two years with no index for inflation. As such, the wage...Tags: Leonard A. Fasano, Connecticut Labor Markets, Government, Martin M Looney, Business
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Fed officials stress no rush to exit, not on 'autopilot'
Reuters(Reuters) - The Federal Reserve will not hastily withdraw its policy stimulus for the economy, a senior central banker said on Thursday, while another stressed that it could adjust the pace of bond purchases both up or down according to the data. Seeking...Tags: Economy, Business and Finance, Ben Bernanke, Federal Reserve, Bloomberg L.P., Inflation and Deflation
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US unemployment aid applications drop 23,000 to 340,000, a sign of improvement in job market
AP Economics WriterWASHINGTON (AP) — The number of Americans applying for unemployment benefits fell 23,000 last week to a seasonally adjusted 340,000, a level consistent with solid job growth. The less volatile four-week average ticked down just 500 to 339,500,...Tags: Economy, Business and Finance, Ben Bernanke, Federal Reserve, Job Layoffs, Layoffs and Downsizing
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Michigan's April unemployment rates by region
Michigan's major labor market areas, their seasonally unadjusted jobless rates for April, followed by March: ___ — Michigan, 8.2 percent, compared with 8.8 percent. — Ann Arbor, 5.1 percent, unchanged. — Battle Creek, 6.6 percent,... -
Michigan's seasonally unadjusted jobless rate 8.2 percent in April, down from past month, year
LANSING, Mich. (AP) — Michigan says that the seasonally unadjusted unemployment rate is down 0.6 percentage points statewide and in most major labor markets. The Department of Technology, Management & Budget released the April figures Thursday,...Tags: Employment Opportunities, Unemployment, Employment, Career and Workplace
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Freddie Mac: Mortgage rates higher, 30-year fixed averages 3.59%
Mortgage rates have risen for the third week in a row, with Freddie Mac's survey of lenders pegging the average 30-year fixed-rate home loan at 3.59%, up from 3.51% last week. Fixed-rate 15-year mortgages -- popular during a recent boom in homeowners...Tags: Federal Reserve, Ben Bernanke, Mortgages, Real Estate Sales, Freddie Mac
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Recruiter Robert Walters says UK hiring set for recovery
Reuters(Reuters) - A stable job market in Britain bodes well for an upturn in permanent recruitment that would mirror a recovery already under way in Asia, the founder of Robert Walters Plc told Reuters. Robert Walters, the 58-year-old chief executive of the...Tags: KPMG, Lobbying, London Stock Exchange, Science and Technology, PricewaterhouseCoopers
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GLOBAL ECONOMY-Warning signs for China, Fed hints at curbing stimulus
Reuters* Chinese factory activity declines in May -PMI * Data and comments from Bernanke send shares plummeting * Euro zone downturn eases slightly * Recovery still looks a way off By Andy Bruce LONDON, May 23 (Reuters) - Chinese factory activity shrank...Tags: China, Economy, Business and Finance, Ben Bernanke, Federal Reserve, Foreign Exchange Market
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HOW TO PLAY IT-Despite hot stock market, you should avoid Japan
ReutersBy David Randall NEW YORK, May 23 (Reuters) - Japan's white-hot stock market has investors crowding in, but there are few reasons why you shouldn't follow the pack. It's a temptation, of course. The benchmark Nikkei 225 index is up 50 percent for the...Tags: S&P 500, Economy, Business and Finance, Thomson Corporation, Stock Market, Finance
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U.S. jobless claims drop more than expected last week
ReutersWASHINGTON, May 23 (Reuters) - The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to resilience in the labor market despite belt-tightening by Washington. Initial claims for state...Tags: Economic Policy, Economy, Economy, Business and Finance, Ben Bernanke, Budgets and Budgeting
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WRAPUP 1-U.S. jobless claims data suggests labor market strength
Reuters* Weekly jobless claims fall 23,000 * Four-week average of claims slip 500 * Continuing claims below 3 mln for first time in five years By Lucia Mutikani WASHINGTON, May 23 (Reuters) - The number of Americans filing new claims for unemployment benefits...Tags: Economic Policy, Economy, Economy, Business and Finance, Ben Bernanke, Budgets and Budgeting
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US equities sell-off carries over as stock futures tumble; global markets sliding
NEW YORK (AP) — The momentum of a late sell-off on Wall Street carried over into a second day, sending U.S. futures and global stock markets into retreat. Uncertainty over how committed the Fed remains to a massive bond-buying program scattered...Tags: Unemployment Benefits, Sears, Perry Ellis International, Inc., Federal Reserve, Stock Market
May 23, 2013
|Story| Hartford Courant
May 23, 2013
|Story| Reuters
May 23, 2013
|Story| AP Broadcast
May 23, 2013
|Story| AP Michigan
May 23, 2013
|Story| AP Michigan
May 23, 2013
|Story| Los Angeles Times
May 23, 2013
|Story| Reuters
May 23, 2013
|Story| Reuters
May 23, 2013
|Story| Reuters
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|Story| Reuters
May 23, 2013
|Story| Reuters
May 23, 2013
|Story| AP Broadcast
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