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  • The Wall Street Journal

    FRIDAY, August 10, 2012 - Initial claims for jobless insurance are down. First-time claims for unemployment insurance — a gauge of labor-market health — fell 6,000 to 361,000 last week. Claims had flashed worrying signs in much of April and May, rising to the 380,000 to 390,000 range as hiring slowed. The most recent figure shows that the labor market, while slow, may be starting to stabilize.