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U.S. employers post fewest job openings in 5 months

  U.S. employers in April posted the fewest job openings in five months, suggesting hiring will remain sluggish in the months ahead.   The Labor Department said Tuesday that job openings fell to a seasonally adjusted 3.4 million in April, down from 3.7 million in March. The March figure was the highest in nearly four… Continue Reading U.S. employers post fewest job openings in 5 months

Oil slides below $105

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Crude oil prices fell below $105 a barrel Tuesday on concerns about global economic growth and the prolonged tensions over Iran’s nuclear program. Benchmark oil for April delivery was down $1.87, or 1.7 percent, to $104.85 a barrel in early afternoon trading on the New York Mercantile Exchange. In London, Brent crude fell $1.49 to… Continue Reading Oil slides below $105

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Manufacturing activity grew more slowly in February as U.S. factories received fewer new orders and paid higher prices for raw materials. The Institute for Supply management, a trade group of purchasing managers, said Thursday that its manufacturing index fell last month to 52.4 from 54.1 in January. The reading was the lowest since November. Still,… Continue Reading Manufacturing grows at slower pace in February

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Colorado Springs had an unemployment rate of 9 percent in December, according to the latest figures from the Division of Labor and Employment. The number is up from 8.7 percent in November, but is lower than the 9.4 percent unemployment rate in December 2010. Statewide, unemployment decreased one-tenth of a percent to 7.9 percent. The… Continue Reading Unemployment down in Springs – but still higher than state, nation

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