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Good stuff from inside the Globe and around the globe |
July 29, 2004 12:50 PM
Wages sluggish, jobless claims stable
Posted by at 12:50 PM
Reuters has recently posted the latest on the national employment picture. While wage growth continued to drag, unemployment claims stayed about the same as last week.
"The labor market gains we've been seeing are going to continue. But wage growth remains restrained," Lehman Brothers economist Drew Matus said in summarizing the data, which came in close to market expectations.
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