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Sunday, March 10, 2013

Job markets seen continuing slow improvement.

Unemployment data for February is due out this morning, with economists estimating that nonfarm payrolls grew by 160,000 vs 157,000 in January. That would leave the jobless rate unchanged at 7.9%. The number of vacancies has grown to heights not seen for a number of years, but employers are taking much longer to fill those openings.

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