Jobless benefit claims fall by 12,000
{mosads}On Friday, the Labor Department will release a closely watched update to the nation’s employment situation. Stock markets had been wildly volatile in the month of August following the unprecedented downgrade of the nation’s credit rating and continued concern about the health of the global economy. Investors will be looking at those jobs numbers for an update picture of the health of the nation’s economic recovery, which appears to be losing momentum.
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