[( TIME. Com ) -- Great news! Unemployment is up. Wages are stagnant. Hiring by U.S. Companies is down for the first time in more than four years. But there might be some help wanted on Wall Street soon, because Friday's unemployment report is the stuff rallies are made of. Just a half hour into the trading day, the Dow was up 175 and the NASDAQ almost 200 (with inflation-fearing bonds whooping it up right alongside them) as investors saw visions of the long season of economic overdrive, interest-rate hikes and neurotic markets drawing to a close.] This is the latest sign that the economy is slowing down, and because these are labor numbers, they're going to have particular weight with the Fed,.. This is the kind of news that could take some of the uncertainty out of the markets and get stocks going up again.
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Price accords had a temporary effect to slow inflation last month. It's temporary because the causes of inflation are related to strong domestic demand in response to expansive monetary and fiscal policies. Furthermore, the peso weakening and lower unemployment should add more pressure to the price levels.
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The state unemployment rate probably won't go much lower than it is. I doubt it will get back to the mid-2 percent range that we had in 2001. Virginia is attracting people from other places. They are finding work pretty quick, but while they are looking for work, it does add to unemployment.
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Because of the weather being mild, we didn't have as big a run-up in unemployment from December to January as we usually do.
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You've got employers who are facing the highest energy costs, the highest wages, the highest unemployment insurance, the highest real estate costs -- and to now put this on? You're going to be in a position where the job growth isn't there, where people aren't making a decision to grow their business.
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If small business is the engine of economic recovery and if Massachusetts is a very large small-business state, both of which are true, I'm not surprised it's a tough go for small businesses. To me it's pretty obvious. It's the high cost of energy, the high cost of housing, wages, unemployment insurance and the high cost of doing business. Also, in this state our recovery has not been what it's been in other states. But businesses remain confident. Sometimes I wonder if they know what's going on out there.
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People aren't stupid. I mean, people remember in 1990, the unemployment rate was 10 percent. Now it's 4 _ percent. We've got 1/4 million jobs that we've created.
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The unemployment rate in each shire continues to fall, which is very good news for Paterson and regional areas
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The trend for reduced unemployment rates is pleasing but as a government, we still have more work to do to with our industrial relation reforms and changes to unfair dismissal laws, which will remove the monkey on the back of small business
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The ECB is trying to walk a very fine line between its mandate to control the budding inflationary pressures in the euro-zone and its desire to nurture the nascent economic recovery in the region where the unemployment rates stands at nearly 10%.
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No, I feel pressure from myself to deliver good results. The level of unemployment is not my bag - I shall hit the targets which the government has set for us.
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The latest ANZ job advertisements data suggest that there will be no improvement in the labor market over the next few months, with little prospect of significant growth in employment and with the unemployment rate likely to trend higher.
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It means unemployment will go down. A lot more people will have jobs. I mean, it brings a lot of business to the road.
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Right now, this area is very depressed. There is high unemployment, poverty and our health and social needs are not being met. We need something viable that can sustain us and help us move on.
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I'm not surprised at the students. I am surprised by the reaction of the French government, which is able to say we are doing this to resolve the unemployment issue.
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Thailand has been more resilient to shocks since 1998, given the manageable inflation, low unemployment, more flexible exchange rate and increased international reserves.
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As spring arrives, outdoor business endeavors should increase causing the unemployment rate to continue to drop over the next couple of months.
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This should cause the employment rate to increase and the unemployment rate to decrease for the month of April.
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[Extending unemployment benefits] is the only kind of stimulus that helps each and every unemployed worker, who in some sense has borne the pain of the recession.
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The level of unemployment we have right now is one we thought of as being normal only a few years ago. It shows how far we've come that we're worrying about a lack of recovery with 5.9 percent unemployment.
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I define genuine full employment as a situation where there are at least as many job openings as there are persons seeking employment, probably calling for a rate of unemployment, as currently measured, of between 1 and 2 percent.
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Consumption and unemployment data disappointed the market. The CPI increase of 0.1 per cent is nothing. There is nothing new in the argument.. The yen is still considered as a funding currency.
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Job seekers are in a really good position right now. With Florida's low unemployment rate and a growing labor market, the real issue is filling vacant positions with the right candidates.
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It is still a job seeker's market. Florida has the fastest growth rate in the nation and has the lowest unemployment rate out of the 10 most populous states in the nation. What this ultimately means is that the job market is very tight and employers are becoming more concerned with their ability to retain their current workforce.
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We are talking about an economy averaging about 30 miles per hour in a 60-mph speed zone. That keeps pressure on the unemployment rate, forcing it to continue to rise. By summer, we could have 6.4 percent unemployment.
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