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           Reports: US Job Market Improves, Inflation Rises Slightly

   by VOA News

   Economic reports published Thursday show the U.S. job market getting
   stronger, inflation rising slightly, and the strong dollar hurting
   American exports.

   The Labor Department says the number of people signing up for
   unemployment compensation last week dropped to nearly the lowest level
   in 15 years.  The data show 12,000 fewer Americans asked for aid,
   putting the nationwide total at 267,000.

   The low level of layoffs suggests that employers are confident the
   economy will rebound from the slump it hit in the first few months of
   this year, and rising demand for products will justify keeping the
   employees who make or sell them.

   A separate report on inflation shows prices rose four-tenths of a
   percent in May as gasoline costs began to rise after months of low
   prices.  Outside the volatile areas of food and energy, prices rose 1.7
   percent, a little below the U.S. central bank's target inflation rate.

   Another government report showed U.S. exports declined in the first few
   months of this year.  Experts say the strong dollar means U.S.-made
   goods are more expensive for foreign customers and that crimps sales.
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   [1]http://www.voanews.com/content/us-economy-unemployment-inflation/282
   7539.html

References

   1. http://www.voanews.com/content/us-economy-unemployment-inflation/2827539.html