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Trade, Jobs Data Bolster Recovery Hopes
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| Contributor | Servo |
| Last Edited | Servo Aug 14, 2003 10:56am |
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| Category | News |
| Media | Website - Yahoo News: Iran |
| News Date | Thursday, August 14, 2003 06:00:00 AM UTC0:0 |
| Description | Signs of jobs market stability and a surprisingly sharp narrowing in the U.S. trade gap on the back of the biggest export surge in three years offered fresh signs on Thursday the recovery is gaining steam.
Initial claims for jobless benefits edged up slightly last week, but for a fourth straight week remained below the 400,000 level many economists see as a dividing line between jobs growth and losses, the Labor Department (news - web sites) said.
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