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Friday, May 04, 2007

Uneventful Unemployment

The much-anticipated unemployment number yielded few surprises and led to a quiet day of trading. The April Unemployment Rate and Average Workweek numbers checked in as expected at 4.5% and 33.8, both little changed from March. Payrolls fell a little short of expectations, checking in at 88,000 instead of the 100,000 expected. Read More.....