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Applications for unemployment benefits fell last week for the third time in four weeks, one characters that employers cut fewer jobs.

New claims for unemployment benefits of 16,000 on a seasonally adjusted 453,000 fell, said the Ministry of labour to the Donnerstag.Dennoch are enough to rapid employment growth higher than you would in a healthy economy and not low signal.

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The claims figures are "mildly encouraging" and "moving in the right direction," said Michael CAP, senior U.S. economist at Barclays Capital. But must fall between 400,000 and 425,000 to specify that the setting is picking up, he said.

A separate report, the Commerce Department said that economic growth annual rate of 3.7 percent slower quarter in the second quarter to 1.7 percent in the January-March.

The second quarter figure is slightly higher than last month's estimate of 1.6 percent.The modest correction was appreciated a little more consumer spending as a first result, but hardly enough to a significant impact on the broader economy.

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Most economists expect growth estimates rich between 1.5 and 2 percent in the July-September quarter, be similarly weak.The Government will be released Oct. 29 the first report for third quarter GDP.

Shares rose in response to the Berichte.Der Dow Jones industrial average moved up 44 points in the trade of morgen.Breitere indexes rose also.

Mortgage rates dropped this week to mortgage buyer Freddie Mac the average rate for a 30-year loan with fixed fell to 4.32%, to the lowest rate on records that dates back to 1971.

Mortgage rates were cast on or close to the lowest money in the safety of government bonds, reducing their return on investment levels in the decades since the spring as an investor.Mortgage rates tend to track income.

Unemployed claims are approximately 450,000 for most at the same level fluctuated claims before two weeks waren.Erste this year.

The four-week average of claims that a less volatile measure fell for the fifth straight week 458,000, the lowest level in two months.

Applications for unemployment during volatile, weekly claims provide a real-time snapshot of Arbeitsmarktes.Die illustrations apply the pace of layoffs and providing rent willingness of the company as a measure.

Initial claims are strong since June 2009, the month dropped the recession beendet.Sie topped 600,000 at the end of this month.But most found this decline last year.

The economy has discouraged this year many employers setting strong verlangsamt.Anfang of this week took a survey of the Business Roundtable, a group of senior, that only 31 percent of CEOs expected told you that your pay and payroll in the next six months, down from 39 percent in June increase June read the was the best since the recession in December 2007 began.

Companies added a net total 67,000 jobs last month, but that's not nearly enough to reduce the unemployment rate which is 9.6 percent.

Jobless claims high many economists expect another anemic month of job creation, if the Government issues its next monthly report to employment on Oct. 8.

Of 83,000 to just under 4.5 million, the number fell during the recession get not millions of people, unemployment aid under advanced programs approved by the Congress of people remain unemployed benefits get Department sagte.Aber that closes.

Advanced use roles dropped approximately 300,000 to 4.9 million in the week end Sept. 11, the latest available Daten.Alles in all unemployment received aid, 8.8 million people that week.

Some companies are still Arbeitnehmer.Letzte cut week, said pharmaceutical companies Bristol-Myers Squibb co. it about 3 percent of their positions in the next six months eliminate würde.Das is approximately 840 jobs from 28,000 worldwide.

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