Signs on Wall Street Point to Job Growth Ahead

Many Wall Street pundits are surprisingly bullish about the U.S. economy for 2011, but high unemployment continues to ravage Main Street. Still, with corporate profits booming and the stock market rallying, some indicators say …

Initial Jobless Claims Jump 20,000 to 457,000

In another setback on employment, initial jobless claims jumped a larger than anticipated 20,000 to 457,000, the Labor Department announced Thursday. Economists had predicted initial jobless claims would total 443,000.
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